Posted on Tuesday, 13th October 2009 by admin
Business Directory
My wife and I have founded a business that has grown 600% and across five different markets since we started. We did this with only a $15,000 initial investment. now we’ve put every thing we have into this business and we have to expand. how do we do this if we’ve already tapped ourselves out?
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My wife and I have founded a business that has grown 600% and across five different markets since we started. We did this with only a $15,000 initial investment. now we’ve put every thing we have into this business and we have to expand. how do we do this if we’ve already tapped ourselves out?
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Tags: Growing Pains, Initial Investment, New Business
Posted in Small Business | Comments (3)
October 16th, 2009 at 8:35 am
New York City Job Listings
If your business grew 600%———– This should look good to apply for a business loan to expand
October 16th, 2009 at 9:33 pm
New York City Job Listings
Your current business position sounds like PRECISELY the situation the VC (venture capital) marketplace was designed to solve. It’s textbook. IF you are in the right business, AND you kept a fairly accurate and complete set of books on your expansion progress, it won’t be hard at all to find a Venture Capitalist for your expansion plans. If you have been carefully cultivating a relationship with a local commercial banker (not just the tellers, the BANKER), start there. It’s cheaper than VC. If not, just search for “venture capital ” and start looking.
Also, if you are willing to “make it official” by that I mean not just a promise and a handshake, don’t overlook friends and family. LOTS of people are interested in becoming part of a success story. Just dot your I’s and cross your T’s if you go down this path.
September 7th, 2010 at 2:27 pm
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