Securing adequate funding for a business venture can be one of the most difficult obstacles faced by entrepreneurs. This resource instructs readers on the best ways to raise money for growing or starting a small business by discussing each source of public and private debt and equity capital, from bootstrapping and IPOs to commercial loans and SBA-guaranteed programs. Covered are methods for determining how much capital is needed, planning successful applications and presentations, and choosing an appropriate source and type of financing. Sample forms are integrated into the text to facilitate learning the details and data-gathering skills needed for the financing process.
Alice H. Magos is an accountant and a certified financial planner who has over 35 years of experience running the operations of small businesses. She is the author of the CCH Business Owner's Toolkit online advice column "Ask Alice." She lives in Riverwoods, Illinois.