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Startup Business Loans Lewiston ME

This page provides relevant content and local businesses that can help with your search for information on Startup Business Loans. You will find informative articles about Startup Business Loans, including "Five Tips To Help Entrepreneurs Find Early Stage Capital in a Tough (But Improving) Market:". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Lewiston, ME that can help answer your questions about Startup Business Loans.

Mr. Barry L. Kohler, CFP®
(207) 376-3648
30 Lisbon St
Lewiston, ME
Firm
Androscoggin Bank
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Employee and Employer Plan Benefits
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
Melinda F. Davis, CFP®
(207) 376-3160
195 Center St
Auburn, ME
Firm
Cornerstone Wealth Planning
Areas of Specialization
Investment Management

Data Provided By:
Mr. James R. Sargent, CFP®
22 Fairmount Ave
Auburn, ME
Firm
ING
Areas of Specialization
Employee and Employer Plan Benefits

Data Provided By:
Mr. Richard S Wilcox, CFP®
(207) 729-4410
14 Maine St # 23
Brunswick, ME
Firm
First Command Financial Planning
Areas of Specialization
Comprehensive Financial Planning, Government and Military, Insurance Planning, Investment Management, Long-Term Care, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided By:
Mr. John R. Krainis, CFP®
(207) 865-6800
PO Box 251
Freeport, ME
Firm
The Financial Network

Data Provided By:
Mr. John R. O'Malley, CFP®
(207) 784-3524
467 Sabattus St
Lewiston, ME
Firm
O'Malley Associates Inc
Areas of Specialization
Accounting, Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Elder Care, Investment Planning, Long-Term Care

Data Provided By:
Mr. Edward M. Snook, CFP®
(207) 754-7857
49 Weatherly Pl
Auburn, ME
Firm
Evergreen Financial Inc

Data Provided By:
Mr. Michael R. Trenholm, CFP®
(207) 933-7124
832 Main St
Monmouth, ME
Firm
Central Maine Financial Servic
Areas of Specialization
Asset Allocation, Budget Development, Elder Care, General Financial Planning, Investment Management, Real Estate
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Ms. Carol S. Taylor, CFP®
(207) 373-5124
55 Cushing St
Brunswick, ME
Firm
CUNA Mutual Group
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Income Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
Mr. Kevin P. Carbin Jr., CFP®
(800) 284-5989
186 Maine St
Brunswick, ME
Firm
Northeast Financial Services
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Estate Planning, Investment Management, Retirement Income Management, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000



Data Provided By:
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Five Tips To Help Entrepreneurs Find Early Stage Capital in a Tough (But Improving) Market:


How the Venture Capitalists Nationwide Say to Do It
By Brian Hill

Profit Dynamics Inc., a research firm in Fountain Hills, Arizona,  recently conducted a survey of 74 venture capital firms from all regions of the United States. They were asked their views about the outlook for the early stage capital market in the upcoming year. On the whole, the VCs responded with at least a moderate degree of optimism, the overall theme being--the worst may be over. They were then asked this question:

What advice would you give to entrepreneurs looking for early stage capital?

Here's what they told us:

1. Be Prepared

In both good times and bad, this is good advice: Be thoroughly prepared for the presentation to VCs and focus on why your business will make money for investors.

2. Conserve Capital

In the late 1990's, capital was much more plentiful and in some cases, management teams looked at the term "burn rate" to literally mean they had investors' money to burn, and when one round of financing ran out, they could easily go out and get more. From 2000 and up to today, a massive reality check occurred in the market for early stage capital. The emphasis now is on conserving capital and reaching as many milestones as you can on your own without investors' money.

3. Be Committed

In the due diligence process, investors try to determine the level of commitment the management team has to the business. Will the team exhaust themselves trying to make this business succeed? Part of that commitment can be financial, both in terms of willingness to commit personal resources to the venture, and the willingness to forego compensation until the cash flow of the venture becomes positive.

4. Have An Outstanding Management Team

One way investors mitigate risk is to only put money behind the very finest management teams. An ever-viable maxim applies (and you imagine VCs carry this around in their wallets): a great team with a mediocre idea succeeds more often than a great idea with a mediocre team. The strength of the management team is even more critical to them when the new venture will be trying to gain a foothold in tough economic times.

5. Be Patient and Persevere

Even in the exhilarating days of the Internet boom, entrepreneurs were sometimes shocked by how long it took them to obtain seed stage or first round capital. For one thing, they did not take into account the incredible number of ventures that were begun...

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