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Like many entrepreneurs, you may be thinking about getting financing for your Small Business.  Here are a few questions to ask yourself so that you look for the right type of financing for your venture.

Where is my business now on its planned growth trajectory?  What do I need money for? What financing options are available to me already?

With the answers to these questions in mind, please review the list below and determine where you fit in the Financial Food Chain before you start asking others to "Show you the Money!"
 
Your stage in Corporate Growth Cycle:
  • Have a workable idea
  • Have a prototype
  • Have done the research
    • Funding needed Seed financing, usually from personal resources
 Your stage in Corporate Growth Cycle:
  • Have a few loyal customers
  • Management team ready
  • Business Plan Completed
    • Funding needed:  Start-Up financing, from friends and family

Your stage in Corporate Growth Cycle:

  • Have regular paying customers
  • Desire to grow and a large enough market to appeal to an investor
  • Production & Sales need a boost
    • Funding needed:  Angel Financing

Your stage in Corporate Growth Cycle:

  • Ramping up
  • Focus on break-even point
  • Sales &/or Production &/or Research needs a boost
    • Funding needed: Venture Capital Financing

Your stage in Corporate Growth Cycle:

  • Strong customer base
  • Steady business Flow
  • Need to fund working capital & expand production & markets
    • Funding needed:  Growth Capital
Your stage in Corporate Growth Cycle:
  • Visionary expansion
  • Desire to achieve exponential growth
  • Past the break-even stage
  • More mature
    • Funding needed: Mezzanine / Debt Financing
  Your stage in Corporate Growth Cycle
  • Healthy revenue stream
  • Can cover tax payments, payroll, & equipment financing
    • Funding needed:  Traditional Banking
Your stage in Corporate Growth Cycle
  • Desire for public listing (stock exchange)
  • May require interim financing until Initial Public Offering (IPO)
  • Established business with high debt & low equity capital
    • Funding neededBridge Financing Buyout IPO (Public market)
 Your stage in Corporate Growth Cycle
  • Need to raise money, awareness, support for your business
  • People who believe in your idea will pledge money in return for a reward if your business succeeds
    • Funding needed: Crowdfunding
  
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