Michael Zimmerman Prentice Business Finance Planning

Aside from the bank as a source of finance, it’s also advisable where possible that you make use of any savings or personal funds you may have available. This is not only good to give your business the funding it needs, but also as a sign to potential lenders and Michael Zimmerman Prentice investors that you are fully committed to making your idea into a success, given the extent of your personal liability. What’s more, you might also find you already have much of your essential start-up capital available in overdrafts, savings accounts and credit cards. While a risky tactic, it can pay off big time if you’re looking to attract serious Michael Zimmerman Prentice Financial help for your business.

Finding a private investor is difficult for any small business, and if you’re serious about raising money in this way you’re going to have to do some leg work and prepare to surrender a slice of your business profits. It’s also important to make sure both you and your Michael Zimmerman Prentice Investor know on what terms the partnership between you may come to an end, so the investor can realize his investment and you can continue running your business. Thus it takes planning and hard work, not to mention a great, relevant pitch, if you’re looking to secure funding from Michael Zimmerman Prentice Capital for your small business in this way.