Think You Need Seed Money? Think again.

Seed money, sometimes known as seed funding, friends and family funding or angel funding (and some times also as venture capital), is a securities offering whereby one or more parties […]

Trending Up? Peer-to-Peer Lending

It’s amazing how the Internet, over the past two decades, has changed the way we do so many things, such as, pay bills online, open bank accounts, transfer money to and from, trade stocks and mutual funds, and many other very convenient things.

Need Business Financing?

You can start a business on a shoestring. Borrowing money isn’t a necessity and often times isn’t the smart thing to do. That’s why I don’t discuss it as much as some of you may wish. Okay. I understand. You need and deserve resources. But before I get into sources of funding for your business, let me clear up one very important thing.

There’s a big difference between good debt and bad debt.

Investing in your business is good debt. Buying that bright-shiny-object-you’ve-had-your-eye-on-for-a-while-but-weren’t-sure-you-should-indulge-in, represents bad debt. If it doesn’t do anything to contribute to your financial health in the near or distant future, that’s bad debt. A luxury that doesn’t help move you forward is not worth it, particularly when you’re building your business.

I’m not against financing. I’m simply against poor choices / bad decisions / short sightedness. Before you jump into business financing, think long and hard about it. And do your due diligence!

Here are sources of business financing: