Funding Solutions

Monday, May 01, 2006

Business Funding Essentials

We’ve seen many types of business funding applications
come in – most are incomplete “dreams” that have no real
basis, and are poorly written up and put together. We’ve
had an entire portfolio of guys who model, who’ve had no
experience but “knew” they could model – they didn’t need
a business loan, they needed a modeling agent, and to work
their way up, gaining credibility first. We’ve seen a lot of
types of applications – the ones that were looked at by our
funders were the ones that included a PowerPoint
presentation, a complete business plan, a full 3-10 year
financial break-down and projection. If you are going to
start your business, you need all this same information. Make it
complete and convincing before you approach a funding resource.
http://www.doubleii.com/financebusiness.html

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