Finding Money to Grow Your Business
In the latest issue of Rave Reviews Magazine, Gayle Gallagher wrote an article about finding opportunities to finance your plans for growing your business. Although the state of the economy may tell you that it’s not the time to consider growing your business, I suggest that you read the full article. You will learn the basics for identifying sources of loans and/or investors for your company. You’ll be ready to roll when the economy takes a turn for the better and creditors are willing to loan money once again.
Basically, the author compares different types of financing: the “loaner route” vs. the “investor route”. She also discusses “angel investors” (individuals who invest their own money in a business) and suggests good places to start to find such investors.Rave Reviews Magazine does not offer an online version of their magazine, but I suggest that you subscribe to receive the magazine in print form. Every issue includes articles with business tips, design ideas and lots of photos that show gourmet baskets made by successful basket designers. It’s a good investment for any size of gift basket business.
1 comment October 17th, 2008