Free Business Money (English Edition) [Kindle-editie] beoordelingen het boek quotes

Is this you? You have taken your unique idea and have turned it into a thriving business, a valuable service or product in demand. Your small but dedicated staff serves a growing and loyal customer base. Your business is poised for growth. All you need is the financial support to take the next step... Or is this you? You have an amazing idea and your research makes you confident that the demand exists to turn this idea into a successful product or service. All you need is the financial support to take the next step... Or is this you? Your product has been sought out by a major nationwide distribution company. Right now, you don’t have the manufacturing capabilities to produce the needed volume. All you need is additional financial support to take the next step… Or is this you? Your business is going strong and you want to invest in additional capital equipment to replace outdated equipment or add to your existing production line. Yet you have maxed out your personal credit line, maybe your personal credit isn’t good enough to get the most favorable rates, or maybe you declared bankruptcy a few years ago. All you need is additional financial support to take the next step… Or is this you? You have been laid off at your job and/or have decided to quit the ubiquitous 40-hour workweek and start your own business. Your personal credit cards are maxed out and you’re late on some other payments. All you need is a loan for start-up capital (despite your poor personal credit score) to take the next step… What IS the next step? At many points in the life of your business, you realize that you need more cash available to buy more equipment, hire more staff, increase your marketing, or whatever it is you know your business needs to grow and be successful. What if your competitor set up shop across the street? Or what happens now that the economy has taken such a hit? To make this happen, your business must have access to funds to act fast when an opportunity arises. You need to have the financial backing to give you access to funds to take advantages of opportunities, to carry you through the hard times, and to help move you forward during good times. With the current crisis in the financial industry, credit is increasingly difficult to obtain. Previous, loans were relatively easy to get, often despite poor credit, and then many of these loans were not paid back. Lenders now have less money to lend, and therefore, only those individuals and businesses with a strong credit profile will have the best chance of obtaining credit at favorable rates. You are probably aware of various options for obtaining credit: family and friends, utilizing your personal credit and maxing out your VISA or MasterCard, taking out a home equity line of credit or other personal bank loan, applying for a Small Business Association loan, or even dipping into your retirement funds or kid’s college accounts. But then, what happens if your business doesn’t grow as fast as you projected, or worse, stagnates or fails? Then you have risked your relationship with the family or friends who loaned you money. Or, you have annihilated your personal credit and have years of credit repair work ahead of you to fix the damage and establish decent credit once again. This book explains how to structure your business from the very start to ensure compliance with the business credit reporting agencies. You will learn what creditors are looking for when you apply for loans and what the major credit reporting agencies want to see in order to give your business the best credit rating. By following this guide to developing a good credit profile, you will have access to the capital needed for startup. growth, for covering unexpected repairs and /or employee requirements. All of this without destroying your personal credit score or possibly even requiring a personal guarantee.