SBA business loan

SBA business loan Financing Your Small Business: From SBA Loans and Credit Cards to Common Stock and Partnership Interests " Solid Introductory Book for Financing a Business," This is a good introductory book valuable for people who need financing when starting or running a small business. It covers important topics for obtaining financing in a very readable manner. It provides good advice, such as, "Keep your options open until the deal is done and do not forget to plan an exit strategy...." and then lists several exit strategies. The authors give advice on when to have a limited liability company run by its members or run by a board of managers, what one of the purposes of writing a business plan is (hint: it's not just for running the business), and also provides a business start-up checklist. There is a sample business plan and sample formation documents for a corporation and for a limited liability company. The authors discuss how to offset any lack of depth on the management team. The chapter on Equity Financing tells the business owner what the potential investor will be looking for in deciding whether to invest. Advice is given on debt financing, and includes website addresses of various government sources. The Securities Law chapter covers a complicated area broadly without getting too deep for the reader. The book concisely explains the difference between licensing a product and franchising a business. The authors describe eight different types of angel investors, how to target them for the current needs of the business, and lists what factors angel investors and venture capital firms may use in evaluating a business. The book is not a substitute for having the advice of an attorney during start-up and during financing, but it contains very useful information that will make the reader more knowledgeable in growing the company. This book would also be a very good gift for someone who is considering whether to start a business. " Product Description Secure your business's future using the right SBA loan, bank loan or equity financing for you. When it comes to your chances of receiving financing and doing it right, Financing Your Small Business provides you with all the answers you need. It helps you find ways to combine various types of financing and shows you how to get the money you need. Learn: How to get a bank loan How to make a better presentation How to get attention with your business plan How to choose professionals How to value your business How to determine your investors' status How to avoid securities law problems How to find investors From SBA loans to venture capital sources, Financing Your Small Business shows you all the ways to get the money you need. Raising Money Just Got Easier. About the Author James E. Burk has been helping emerging companies in their initial stages of organization and growth for over thirty years. Mr. Burk is a graduate of the University of Texas at Austin Law School, and is a member of the bars of the District of Columbia and Texas. Richard P. Lehmann assists clients with a variety of business matters, including corporate issues and securities law. Mr. Lehmann is admitted to practice in the District of Columbia, Virginia and Minnesota. If you are planning to start a new business, you will likely need to obtain financing. Where will you obtain it? The sources of financing available to you will depend partly on how you set up your business. A lawyer can help you set up your business in the most advantageous way possible. Your first meeting with your lawyer will be more productive if you already have a basic awareness and understanding of the choices you can make. That is where this book can help. After reading it, you should feel more confident in meeting with your lawyer, you should have a better idea of what questions to ask, and you should be better able to understand your lawyer's suggestions. Apart from the example documents provided in the appendixes, this book does not delve into a lot of complex details. This is not a do-it-yourself book. Instead, this book keeps things nice and simple, offering an easy-to-read introduction to the basics of setting up and financing your business. By helping you communicate more effectively with your lawyer, this book should help you achieve better results. And if it expedites your legal consultations, it could save you the cost of the book many times over.