Financing Your Business

1. Do you know how much money it will take to launch your business, and have you included a little extra for "Murphy's Law"?
              yes q            no q
2. Do you understand the implications of both debt and equity capital to your business?
              yes q            no q
3. Have you identified family members and friends who might be willing to finance your business?
              yes q            no q
4. Have you identified potential angels who might be willing to finance your business?
              yes q            no q
5. Is your business a possible candidate for a simplified registration or exemption for a public offering?
              yes q            no q
6. Have you established a business relationship with a banker?
              yes q            no q
7. Have you answered the seven questions every entrepreneur should be able to answer before approaching a banker for financing?
              yes q            no q
8. Have you considered other forms of debt financing?
       Trade credit?
              yes q            no q
       Equipment suppliers?
              yes q            no q
       Commercial finance companies?
              yes q            no q
       Savings and Loans?
              yes q            no q
       Stock brokers?
              yes q            no q
       Insurance companies?
              yes q            no q
       Credit unions?
              yes q            no q
       The Small Business Administration?
              yes q            no q
       State and local development programs?
              yes q            no q

Before You Start: A Basic Checklist	Business Plan Evaluation Scale	Small Business and Entrepreneurship Resources	Small Business Management Audit	Feedback	H o m e

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