ON BUSINESSsm - Summary
TIP #55 -
CREATIVE FINANCING FOR ANY TYPE OF BUSINESS
CONSIDER THIS: You need money to finance an expansion of a new concept
for your business, however your current business is not generating enough cash
to take on additional debt, especially bank debt.
Do some of
the creative financing ideas have any merit? In this tip, you will learn:
- The necessary first steps to creatively
finance your business.
- One of the time-honored ways of acquiring material and services,
and a simple process for using it.
- The importance of win-win financing
- How to maximize the value of the
building, staff or equipment you already have.
- The concept of "bundling" and
how it might work for you.
- How including employees in the
financing plan may solidify their commitment to your
list of Tips
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