5 Tips for Financing Your Startup or Small Business

1. Develop a solid plan

2. Get industry experience

3. Plan to market your niche

4. Project exact financing needs

5. Find a bank that understands your business.

Recommend that you constantly visit the SBA website because all programs change on a regular basis. Also, remember that your bank makes the loan, NOT the SBA, but it does you well if you understand the programs offered.

SCORE Chicago is a nonprofit organization of more than 100 volunteer business counselors who provide free, confidential business counseling and training workshops to entrepreneurs and small business owners. You can set up an appointment at one of our 15 locations by clicking this link.  Check our website www.scorechicago.org for details on our workshops or resources on topics of interest.  Call 312-353-7724 for further information.

Advertisements

One Response to “5 Tips for Financing Your Startup or Small Business”

  1. mikebrette Says:

    The best way to finance a business is to meet accredited investors in a social setting and get to know them. Do not sell them on investing. Talk to them and network. Ask your attorney, CPA or other financial professional for introductions.


Comments are closed.

%d bloggers like this: