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Funding Tips For First-Time Small Business Startups

[ 0 ] Apr. 22, 2013 | SBO Editor

An ambitious goal is crucial to entrepreneurs looking to expand their businesses, according to small-business strategist Barbara Findlay Schenck. First-time entrepreneurs face difficulty persuading lenders of the potential success of their businesses, and should have polished business plans and explore sources of free help prior to applying for a loan. A business plan can help you generate interest in your business, get loans, also help you answer every question you might have about your new venture. The SBA has some guidelines and templates you can follow:

http://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/how-write-business-plan

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Category: Features