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Think Outside the BankAuthor: Harmony Oswald and Ginny Townsend
Youre DONE gauging this elusive economy, and youre READY to launch or expand your business right now. But how will you fund this exciting new venture??? Great question! Business ownership in a competitive and fluctuating economy can be SUPER expensive, with only a small percentage of business owners reporting launch costs of less than 50,000. Thats right- over 27% of small business owners report a hefty price tag of between 250,000 and 500,000 to get their company going. And those business owners were verrry savvy about what TYPE of funding to use and how to VET THE LENDER, since all lenders are NOT created equal In business, it pays to know what you dont know. This August, were launching Season 4 of THINK OUTSIDE THE BANK podcast - for small business owners looking to earn, protect, and attract more money into their companies- by playing smart and VETTING THE LENDER. This season, Think Outside the Bank will turn YOU into a highly fundable, savvy company - ready to VET THE LENDER. First, well help to ensure your business is set up for success through de-risking, getting clear on the amount of funding you need, cleaning up your credit score, analyzing your debt-to-income ratio, time in business, and more. Next, well explore various TYPES of funding like SBA loans, leases, heavy equipment funding, used equipment funding, larger loans, business expansion funding, grants, and business plan competitions, to help narrow down what makes sense for you. And, youll become EMPOWERED by learning how to VET THE LENDERs technology-efficiency rating, reputation, terms, fees, timeline, and collateral requirements to carefully select a lender that WORKS for you. Think Outside the Bank is a podcast for small business owners brought to you by lucy technologies. Empowering the Heart of America. Language: en Genres: Business, Entrepreneurship, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Ep 1: Do Small Businesses Today Even Need Funding?
Episode 1
Tuesday, 12 September, 2023
What can you expect from this week's Think Outside the Bank episode? We'll unpack one of the most intriguing articles published at TheLucyReport.com this week - stay up-to-date on financial and business trends by subscribing for free today! The featured Business Plan Tip of the Week - ensure your business plan is ready for funding with each week's hard-working tip! Discover a SIMPLE path for explosive growth that doesn't even require funding! Hear from our "Geek of the Week" and learn HOW small businesses like yours can de-risk their business from a funding perspective so you can more effectively vet your lender! This season is PACKED with actionable insights from start to finish. Make sure you don't miss an episode by subscribing! Do you love what you learned today? Please consider writing a review - it will help other listeners find these episodes!
