What Are Qualifications for a Business Loan

Do you have a business or would you like to start a business? The main reason most business fail is they lack access to adequate funding for their business. These are the criteria necessary to qualify for a business loan. If you meet all the guidelines you will qualify for the best rates and terms with the lowest costs. If you do not meet all criteria for conventional financing you may still qualify for a business loan, even as a start up company. That is the role of Venture Capital and Private Equity Financing

You may have heard of the 3 “C”s of lending or maybe 4 “C”s. They are Cash Flow, Credit, Collateral, and Character. The first three “C”s are objective. They are hard and fast with little or no grey area. For instance if the program requires a minimum credit score of 680, you either have it or you do not. If the requirement is for a specific

The Missing Link in Most Merger and Acquisition Due Diligence

To be effective an M&A due diligence requires assessments of the legal, financial, and operations facets of a business. The financial assessment relies heavily on a past performance analysis of the business while the legal assessment looks at the current structure and outstanding liabilities of the business. Neither of these, however, looks in any detail at the future sustainability of the business. Determining the longterm sustainability of a business is the role of Operations Due Diligence (ODD) which requires an assessment of the infrastructure that supports the sustaining operations of the business. Unfortunately ODD is often the weak link in the M&A process and one of the leading causes of M&A failure.

Given the high rate of M&A failures, it’s hard to understand why any investor would consider putting millions of dollars into a business based solely on performing the financial and legal assessments without also performing

5 Ways Entrepreneurs Send Investors Running

Creative entrepreneurs can be fun to work with and they present unique challenges as their imaginations fly unfettered. The possibilities they imagine for their dream are endless and they can struggle with focus and reality. Learning to channel the creative energy and boundless dreaming into a plan of action that will result in some measure of business success can be extremely challenging for many. Nowhere is that conflict and contrast between a dream and reality highlighted more than when the entrepreneur presents his story to would-be investors.

If you are one of the creative entrepreneurs, your reality check begins with an understanding that the investors are attempting to evaluate the opportunity by assessing the risks involved and the value created so far. This can be a rough process for the entrepreneur who is so fixated on the creative aspects of the invention and the wild-eyed dream in his or her head. Several statements that entrepreneurs m

How Can You Receive Venture Capital?

An effective way to receive the venture capital that you need is by selling your business to the venture capital (VC) firms. But of course, you should never approach those venture capitalists empty handed. Keep in mind that VC firms will have to evaluate the viability of your business, first based on your business plan and second from your business pitch. More importantly, VCS are more likely to venture with you if they see these four important qualities in your business: disruptive technology, potential for fast growth, well-rounded business model, and top performing management team.

Supposed that you have managed to meet those four qualification criteria, your next task is to curate the negotiation process between your company and the VC firm. Present your business plan putting more emphasis on the profit generation aspect. Also remember that VCs would only give you that venture capital fund if you are going to share with them a slice of the pie &

Top 5 Investor Pitch Deck Mistakes and What To Do Instead

It’s a competitive world out there. Competition for investor funds is fierce. There is a lot of talk about how to position your product positively against the competition. But how do you compete with the thousands of startup entrepreneurs looking to grab a chunk of the same funding pool?

One way you can distinguish yourself from the masses is for your pitch to be seen as a formidable contender. Get investors excited. Here’s how to avoid the common pitch deck mistakes.

Here are the top 5 pitch deck mistakes and what to do instead:

1. Mistake: Pitch the Product – Solution: Pitch the Business

Investors don’t invest in ideas. They don’t invest in products. They invest in businesses. Investors invest because they want to get a big fat return on their investment one day. A product doesn’t give them a return. A viable, profitable and sustainable business can. If you

5 Important Factors To Consider Before Your Company Valuation

You may want to know what your startup business is worth today, based on the growing market. Or does your company look like a beautiful looking, well structured, nice color matched Bungalow? And maybe you want to reconstruct it; to make it bigger and a superlative edifice.

Well, today we will talk about 5 important factors professionals consider when valuing a company, which I think should be in your note.

On the other hand, I recommend that young and aspiring entrepreneurs should take those important factors seriously. What I mean by that is, it’s like when you want to buy or sell a landed property in a given place. I mean you should know the factors that make houses in that place go for a particular price. You should be informed so that you will not blindly buy above, or sell below what the market is willing to pay at a given time.

Company Valuation

Company valuation is based on your asset values and fut

How To Fund Your New Venture

So, you have kicked off a new business, and you are looking for a way to get funds. First of all, you need to keep in mind that there is no best way to fund a new business. Each method has its own advantages and disadvantages. Moreover, a method that worked for one type of business may not work for your business type. Therefore, you should go over the options given below and choose a method based on the type of your business.


If you have set some money aside during the past few years, you can use it for your business. Self-financing is a good option as you won’t have to borrow from anyone. On the other hand, if things don’t go as planned, your hard earned money will be gone forever without giving you any return.

If you can’t risk losing your savings, this option may not be suitable for you. But if you have a large amount that you saved, you can invest some of it and save the rest for rain

Small Business Marketing From Finish to Start

Normally whenever we think of taking on a project, we lay out the plan and define the tasks necessary to accomplish the goal. Consider something as basic as building a house. The builder and the buyer agree on the basics – number and size of bedrooms, bathrooms, kitchen layout – the eventual “footprint” of the house. It then becomes the responsibility of the architect to develop blueprints which will be submitted to the town or local authority for approval. Once approved, the builder will assign a project manager to move through the steps to completion.

Here’s where small business marketing works best, when the parties work in reverse order. The client (the internal marketing manager or the external business decision maker) needs to embrace the idea of where they want to end up. And unlike the house building example, there are many different choices to define success.

For example, success could simply be defined as a growth in revenue from

Tips for Finding the Right Small Business IT Support

Every business nowadays relies in some way or another on IT to get the job done, whether it is a small business accountancy firm or a self-employed consultant in a specific profession. The use of technology can be restricted to the basics of communication – such as sending emails and documents to clients or associates – or can be far more complex.

Regardless of what IT is needed for, every small business needs some kind of IT support in place in order to fix problems when things go wrong. This is considered especially important for small businesses, as they can struggle to find the budget for an in-house provider of this kind of technical help.

With this in mind, it is important to do thorough research before looking for small business IT support, as this will ensure that each company finds a good match for them. Here are several pieces of advice to follow when on this search for the ideal service provider.

The first thing

Do’s and Don’t For Your Business Website

The DOs

• Having a video on your home page can be an innovative point of difference in your industry and show you as superior to your competitors. It may be a short sweet explanation of your product, a call to action such as why they should make an appointment or answer a commonly asked question.
• It is important to have a picture of the business owner to build trust. This is also very important if you are targeting women as women psychology is they like to see who they are dealing with.
• Your website should reflect who you are targeting.
• Show testimonials on your website with pictures and name and where they are from. Visitors may recognise some of them.
• Check your website does display well on most browsers and smart device platforms.
• Check the performance of your website regularly, just as you do your profit and loss statement.
• Have a website update or overhaul at least every two years. Your busine

4 Tips to Help Find the Perfect Office Space

The process of finding the startup or upgraded office space is certain to be an exciting time and is seen as a great turning point for the future of a business. But, it is essential to be careful in the process of choosing an office to ensure it matches the specific needs. Any office space should have the ability to grow and thrive with your team. Here are four tips to help find the right office space:

Determine the space you need

A significant step to get the right startup office space is to have enough space. A basic rule is to have at least 1000 sq ft for every 4-6 workers. However, this may need to be expanded if the business has a lot of supplies or equipment. Also, the layout of the office should be able to match the type of business and needs of the employees.

Consider your employees

If you are planning to relocate the office it certainly benefits to be considerate to the employees. Try t

Merchant Services Can Make A Difference

Do you believe merchant services can make a difference in how you do business? You bet they can! Merchant account services can give you the means to conduct electronic commerce with the latest credit card processing technology. You may be able to manage your business with fewer employees to handle billing and collect payments when you implement the technical equipment needed for credit payment treatment that can save you time and money. Moreover, a merchant account will place you in the ranks of leading professionals in your industry, adding the status of stature (making you look professional).

Find out if your company’s bank provides merchant services. If it does, ask about the acceptance criteria and consider making an application there. However, you can find dozens or hundreds of lenders who are looking for customers like you that they can offer merchant account services. The lenders charge fees that can take many forms, including an expenditure request online or ann

7 Things Successful Small Business Owners Do

If you’re stuck wondering how to be a successful small business owner, know this: running a small business often simply means making good use of successful small business ideas. Successful small business owners face many ups and downs throughout their work. They know that small business ideas cannot turn out successful unless they use the proper approach and strategies.

If you want to be one of the few successful small business owners, remember that having a good strategy is crucial. Without the right strategy and a proper approach, you are not likely to achieve your goal.

Some small business owners manage to overcome their everyday challenges, while others seem to give up after a while. So, let’s find out what successful small business owners do differently from the unsuccessful ones. Let’s turn their experience into your success through your small business ideas.


Choose The Best Water Chiller That Suits Your Industrial Needs

No doubt, chillers are the only way to beat the heat. In an industry, where numerous plants and machine work constantly produce lots of heat and to remove the heat from one element and transfer the same into another is the work of a chiller. Generally, it is a compressor based cooling system that is similar to an air conditioner and the only difference between the both is that it cooled the temperature of liquid instead of air. Its operation and overall set up is very simple and can be easy fulfill within a few minutes.

These are really helpful in providing a stable amount of flow, pressure and temperature, which is a must for its function. Water chiller manufacturers offer it in a wide variety that simply means you have so many options to choose from. So, take your time and make a decision after analyzing the need of your industry. On the off-chance, you are confused among so many options then you are at a right place. Here is a list of different t

Why and How to Choose a Suitable Shock Test Machine

What is a shock test machine? For most people, few of them know exactly what a shock and collision test machine is. Therefore, in the article below I will introduce the environmental shock test system to you and tell you how to choose suitable impact test equipment.

What is a shock test machine?

Generally speaking, impact testing is one of the useful ways to test the limitations of materials and products. It can simulate real-world situations to figure out how much energy a product can sustain. For example, if you are a mobile phone manufacturer, you can use an impact test system to find out how much energy the mobile phone can take before it breaks.

Why choose it?

No matter being manufactured or being operated, a product needs to endure a lot of vibrations and shocks which may cause damage to components. When a product is being manufactured in the factory, it needs to sustain some mechanical shocks. During the transportation pr