Need extra cash to move your business forward? Maybe you want to hire new people, buy a building, expand your inventory, or take your business to the next level, whatever that may be. Word on the street is that banks have money to lend.
Here are five questions you should consider before you begin the funding process:
1. How much is my business worth, today?
This is crucial for banks and investors. Is your company/business worth enough to cover the investment? Hiring new workers is a key motivation in today’s high market of unemployment. Even with an investment or a loan, hiring new workers means having a sustainable business model that is going to last more than another year or two. Those new workers want some long-term security, as do your investors.
To read the full, original article click on this link: Ask Yourself These Questions Before Going for Funding
Author: Yvonne DiVita
