Custom Search
EntrepreneurismBible.com home general business articles business marketing/promotion customer service, CRM branding joint venture financial management general and inspirational stress management health links inspirational articles Internet Business website design website promotion

Startup Business Loans Somerset KY

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 Somerset, KY that can help answer your questions about Startup Business Loans.

Mrs. Bobbie S. Hahn, CFP®
(606) 678-0326
71 Imaging Dr
Somerset, KY
Firm
edward jones

Data Provided By:
Lisa Renee Mullins, CFP®
(606) 679-5090
116 Tradepark Dr
Somerset, KY
Firm
Wealth Care Advisors, LLC
Areas of Specialization
Accounting, Asset Allocation, Banking, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Self-Employed Business Owners

Data Provided By:
Mr. John G. Evans, CFP®
(606) 679-5090
116 Tradepark Dr Ste 1
Somerset, KY
Firm
Evans, Harville, Atwell & Comp
Areas of Specialization
Accounting, Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

Data Provided By:
Mr. Mark A Henderson, CFP®
(606) 451-0393
1846 S Hwy 27
Somerset, KY
Firm
Hamburg Financial Group
Areas of Specialization
Estate Planning, General Financial Planning, Retirement Income Management, Retirement Planning, Wealth Management

Data Provided By:
Mr. Alfred D. Holland, CFP®
(606) 871-0005
570 Knob Rd
Nancy, KY
Firm
Holland Wealth Management, LLC
Areas of Specialization
Comprehensive Financial Planning, General Financial Planning, Investment Management, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Mr. Kenneth R. Prevett Jr., CFP®
(800) 284-8186
357 Langdon Street
Somerset, KY
Firm
Merit National Fund Advisors, LLC
Areas of Specialization
Business Succession Planning, Charitable Giving, Elder Care, Estate Planning, Healthcare Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Self-Employed Business Owners

Data Provided By:
Lowell F Washam Jr., CFP®
(606) 451-2326
368 N Hwy 27 Ste 2
Somerset, KY
Firm
Edward Jones
Areas of Specialization
Asset Allocation, Divorce Issues, Elder Care, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Insurance Planning

Data Provided By:
Mr. Jay Mcshurley, CFP®
(606) 677-9014
PO Box 1827
Somerset, KY

Data Provided By:
Mr. David M. Laign, CFP®
(606) 678-9164
107 S. Main Street
Somerset, KY
Firm
Cumberland Security Bank

Data Provided By:
William Cox
William W. Cox CPA/PFS CFP
(270) 444-0410
PO Box 8064
Paducah, KY
Expertises
Estate & Generational Planning Issues, Middle Income Client Needs, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BBA, CFP®, CPA/PFS, MBA

Data Provided By:

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...

Click here to read the rest of this article from EntrepreneurismBible.com


Website Developed and Hosted By:
International Cyber Business Services, Inc.
Developers of holisticonline.com, 1stHolistic.com, GrandmasRemedies.com and SpecialGifts.com
Copyright © 1996-2008, ICBS, Inc. All Rights Reserved.