- 1. Additional Sources of Capital For Small and Medium
Businesses 1.Perspective 2.Approach 3.Creative Alternatives
2. Financing Perspective Innovative Approach
- A source of long-term wealth
- A source of investment income
www.Cash4Impact.com 3. Approach Use Creativity
- Take the same creative approach as you take with other aspects
of your business.
- Focus on WHAT you need the money for:
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- Marketing campaign, $50,000
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- Office remodeling, $150,000
www.Cash4Impact.com 4. Creative Financing Options
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- Split costs or pay external costs.
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- Pool funds with other business owners. Common in energy &
agriculture.
- Customer deposits or pre-pays
www.Cash4Impact.com 5. Creative Financing Options (contd)
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- Use ESOPs (Employee Stock Ownership Plans)
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- Sell the company, in whole or part, to employees.
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- Obtain management & other key employees way below market.
Offer outright stake, restricted stock or options.
www.Cash4Impact.com 6. Creative Financing Options(contd)
- Economic development grants
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- Available in rural & urban areas. USDA & HUD offer
many.
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- Offer your product or service via licensing. Licensee expands
market & absorbs customer acquisitions costs.
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- Invest directly in private companies, including your own.
www.Cash4Impact.com 7. Creative Financing Options(contd)
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- Barter directly or join an exchange.
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- Instead of paying in advance for inventory, consign. If you
dont sell the product w/in specified period, return.
www.Cash4Impact.com 8.
- Solving the CapitalEquation:Financing Solutions for Small
Businesses
Getting Started 9.
Contact Us Tiffany C. Wright Follow my blog, Small Business
Finance Forum: http://www.Cash4Impact.com The Resourceful CEO Toca
Family Business Services