Chapter 3

Financing

A prom without dancing, like a courtship without romancing, is steeped in illusion and mired in confusion, its failure a foregone ­conclusion.

—© 2013 Sage Sayings™

Introduction to Financing Your Firm’s Growth

Some things are wanted but not essential. A major essential for each business is the financing of the enterprise. Business owners generally are more focused on product or service quality, production, marketing, and management. Financing is usually an afterthought. That being the dominant situation, an overview of both the sources of financing, and the process of obtaining financing specific to the needs and stage of your firm is absolutely essential; since, as your firm grows, your need for financing expands substantially. ...

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