Show Me the Money
An idea for a business is great, but it won’t see the light of day if you can’t pull together the money to finance it. Only a fortunate few have the money on hand to begin a business without having to look for more capital. If you’re not so fortunate, then you have to know where to get the cash to start your business.
Undercapitalization is a fancy term for being too broke to make it, and it’s one of the main reasons why businesses fail. Don’t let your business become such a statistic! You can see to it that there’s not only enough money to get you started, but also enough cash to help you grow. As you’ll learn in the chapters that follow, there are simple ways to figure what your expenses will be so that you can budget ...