GET FUNDING FOR YOUR EVERYDAY BUSINESS Part 3: Think Differently
Entrepreneurs and small business owners need to start thinking differently.
To start viewing these sources of funding as allies instead of enemies.
Be prepared to answer these basic questions about your business.
Start building a relationship with a banker or investor now.
Speak to them about your options, your plans, ask for advice, recommend friends to them, and be open and transparent.
They may still turn you down, but the relationship is already there.
So you can ask why, what steps need to be taken and receive the feedback you need to move your business forward.
You can better prepare yourself by educating yourself with the “language� of financing; what are angel investors, what is venture capital financing, what loans are available.
Ask around other successful small businesses in your industry; what did they do, how did they do it, who did they go to.
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