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What are pros and cons of getting funded?

 
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Jul 24, 2008 6:33 PM ET    Quote  Report Abuse
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Hi everyone, I would like to hear some professional and personal opinions | experiences about getting funded. I was thinking about getting funded but not sure of the pros and cons. I look forward to getting any advice from anyone that can tell me their experiences.

Regards,

robertj

posts: 1458

Jul 24, 2008 7:06 PM ET    Quote  Report Abuse
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David,

Comparisons of pros and cons would, to a great degree, depend upon the capital strategy being used - ie how and from who one acquires the capital.

In general, the benefit is that the company has more financial resources and can accomplish their goals -usually more quickly.  As a general con - there is almost always a "cost" associated with acquiring the capital.

If you`d like to discuss your specifics, send me a PM



-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com


StartUpSmart

posts: 51

Jul 24, 2008 7:33 PM ET    Quote  Report Abuse
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Hi,
 
I support RobertJ`s input above. Funding your business from an outside source should be something that you spend a lot of time thinking about. In most cases, your business will grow more rapidly if you acquire capital. At the same time, you will give up equity as well as some decision making capability. In my opinion the more investors you have the more headaches you have. However, running out of cash can cause quite a migraine.
 
This also boils down to your business model and what your personal goals are for the long term.
 


-------------------------

Need Capital For Your Business...Start Here!
http://www.startupsmart.net
Joe F. Clark
Senior Principal
Start-Up Smart, LLC. - the clever way to accelerate your business
jclark@startupsmart.net

tdmcmgr

posts: 5

Jul 28, 2008 6:01 PM ET    Quote  Report Abuse
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Raising capital is hard work.  It can also be expensive.  Look for angels.  Network with other entrepreneurs.  Know how much capital you need to be successful.  A sure formula for failure is to be undercapitalized in your business.
 
Good luck,
Jim
 


-------------------------

Jim O`Connor
Innovative Estate and Financial Planning Service
ph. 214-564-7718 _ fax. 815-642-9468
Fundraiser 1.0™ - Raise Up To $11 Million Dollars in Capital!

loanbroker

posts: 2

Aug 01, 2008 9:25 AM ET    Quote  Report Abuse
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Great thinking and great question. Understanding the pros and cons of the type of financing that is available are crucial being that not everyone will spell out the pros and cons of a financial product.

Why would they spell out the pros and cons of their financial product offering, when it could possibly scare you away and look into something else.

Contact me if you would like to discuss the pros and cons of the type of financing you are thinking of getting.

Eventually you will be approached by someone who will offer you the business cash advance product, visit the link listed here in this post... here is a way to find out what the experts do not want you to know or won`t tell you about the business cash advance or also known as the merchant cash advance.

This site is geared to the restaurant industry, but the article I created there is generic for any business owner thinking about using the business cash advance product to start learning about the pros and cons of the business cash advance ...click link below: http://www.restaurantfundingusa.com/article/restaurant-financing/business-cash-advance-mistakes/





-------------------------

Loan Broker - Financial Loan Consultant

Provide alternative business financing solutions to all types of businesses & business owners.

Specialize: Hard money,unsecured business loans,factoring,restaurant loans.

http://www.restaurantfundingusa.com
For Free Consultation[/center/
Call now 24hr voice mail: 718-512-8587[/ce
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