Finding Money to Grow Your Business
October 17th, 2008 at 04:03pm Lorie Obernauer
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.
Entry Filed under: Business Tips
1 Comment Add your own
1. Flora Morris Brown, Ph.D. | October 17th, 2008 at 6:26 pm
Thanks for sharing this with readers. The biggest mistakes many small business owners make is thinking there’s no money available when the economy is suffering. This is the very time to think about revenue sources, and there are investors even now who are looking for potential projects for their money.
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
Trackback this post | Subscribe to the comments via RSS Feed