Monday, February 16, 2015

Funding a New Small Business: Video (Microsoft)

Microsoft's YouTube video on small business funding sources
Microsoft's Small Business Funding Video Capture
Here is a video that contains snippets of information and insights regarding various financing options you can utilize to fund your new small business or business start-up. Also covered: how to find the right funding that is appropriate for your small business. Microsoft produced this video.

In this three minute, 11 second (3:11) video, the speakers, Jeff and Rich Sloan, very briefly discuss bootstrapping, credit cards, home equity loans, and even a secret stash (for all of you who may have money hidden in the mattress or under a removable floor plank!). The speakers also mention debt financing, the use of friends and family as funding sources, angel investors, factoring, and venture capitalists as other small business funding sources.

Obviously, with three minutes, the speakers can only provide an overview. However, I think the overview is sufficient to get you thinking that there are options, even if most of the options they mention are not right for you... or are not right for you and your  business at this exact moment. That's what I'm here for! To get you to think creatively about the issues facing your business, including financing. When you open your mind and think creatively, appropriate solutions will ALWAYS present themselves.

Enjoy. Let me know in the comments if you've used one of the small business funding sources the speakers mention and how that source worked for you.

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