Angel investors are the pinnacle entrepreneurs and smal business owners hope to reach when first starting out or looking to expand. Thus, it is important to understand what they are looking for before meeting with them. Angel investors typically wan... Read More
Jeffrey Stibel, Chairman and CEO of Dun & Bradstreet Credibility Corp., explains why it's important to be transparent and to develop a close, personal relationship with your banker even before you need a loan. Along with your overall credit profile, building a personal relationship with your banker can help establish your credibility, which can play a major role when seeking a loan.
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Professor John Paglia of Graziadio School of Business and Management at Pepperdine University discusses the most common resources small businesses seek when looking to raise capital. Small businesses most frequently attempt to raise capital through bank loans, but other options include credit cards, friends and family, and equity capital. Click here to watch the full-length panel discussion.
Bank loans are not the only elements affecting your business growth. Jeffrey Stibel, Chairman and CEO of Dun & Bradstreet Credibility Corp., discusses how other factors, including better payment terms, also factor into expanding your financial success.
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Friends and family are the most reliable sources of funding for small businesses. Credit cards come in as a close second. Professor John Paglia of the Graziadio School of Business and Management at Pepperdine University shares results from the 2011 State of Small Business Report.
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Business owners should research and understand different types of lenders that are suited for their stage of business, the size of their captial needs and their industry. Professor John Paglia of Pepperdine University and Bryan Moeller of Wells Fargo Bank discuss the confusion often faced by small businesses as they pursue the lending process.
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Establishing a strong relationship and communication with your bank may be the most important part of banking, says Bryan Moeller of Wells Fargo bank. Jeff Stibel, CEO of Dun & Bradstreet Creditbility Corp., explains why it's so important to start building these relationships as early as possible.
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Jeff Stibel, CEO of Dun & Bradstreet Credibility Corp., speaks about common entrepreneurial mistakes. Not raising enough money at the right time is a common difficulty, but so is raising too much money, and not knowing your company's investment needs. Click here to watch the full-length panel discussion.
Small business owners should be knowledgeable about their own small business operations before seeking loans from a bank. Bank lending is about quality, explains Jeff Moore, Vice President and Relationship Manager of First California Bank.
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Keep track of what's being said about your company online. Larry Benet, CEO of Speaker and Author Networking Group, suggests using tools like Google Alerts to stay informed on the public opinions of your company.