One of the most challenging aspects of running a small business is getting access to the capital you need to grow.
Many businesses have seen their line of credit (LOC) cut since the recession, because banks have unilaterally scaled back risk and restructured asset allocations to meet new federal compliance standards.
There are many instances in which a CEO is smart to contract work to a 3rd party marketing agency. However, there are many situations in which contracting a third party can inhibit company growth and burn through your company’s capital.
The purpose of the investor pitch presentation is to get the investor interested in learning more. For all the time spent on developing and fine tuning your investor pitch, the last thing you want is to lose an investor’s interest because of a preventable mistake.
At a certain point, every business owner has to decide which legal structure is best for their company. Here are the pros and cons of each type of business organization: Sole Proprietorship Partnership Limited Liability Company (LLC) Corporation Choosing the right legal structure will help you reduce personal liability, access proper capital investment, lower your company’s tax burden and avoid unnecessary regulatory requirements.
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