Accounting & Financing

According to the SBA insufficient cash flow is the # 1 reason that most businesses fail, followed by lack of experience. Sometimes when people go into business for themselves, they really don't have a clue what it will take and just how much of a commitment will be involved. They fail to take the time to do the necessary research that will prepare them for what it will realistically cost to get things off the ground and keep the doors open!

While it may be true that you'll need money to grow your business, if you're aggressive, creative and willing to work hard then you don't necessarily need money to start one. Start up or operating capital can come from many different sources with the most obvious source being from your personal funds. Having started (and expanded) several business that started with a little or even no budget, we can give you tips based on our experience of what to and more importantly - what not to do when financing your business.  

The Accounting & Financing Series Will Cover Issues Such As:
- Basic Accounting Principles
- Re-Investing Your Profits  Into Your Business
- How To Make Reasonable Financial Projections
- Navigating Your Business's Cash Flow Into Profitability
- Show Me The Money: Funding Sources For Your Business
- Find Me The Money: Alternative Funding Sources For Your Business

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© 2007 Pam Lawhorne. All Rights Reserved.