Starting a Business tips provided by our Inland Empire SBDC Business Consultant Paul Nolta
Starting a business can be challenging but preparing yourself is the best way to set your business for success. Review these three important tips as you prepare to take on the entrepreneurial path. 1. Understand the legal aspects of starting a business You will have to touch base with federal, state, county and city officials [...]
Debt Financing tips provided by our Coachella Valley SBDC Director, Ezekiel Bonillas
Are you looking to fund your business without giving away equity? If so, debt financing might be your solution. Before going to the bank though, prepare your business to meet the following loan criteria checklist I call the three-legged stool: credit, collateral and cash flows. 1. Credit: Assuring that anyone who has over 15% ownership of your [...]
Regional Director, Priscilla Lopez named the 2013 Business Woman of the Year
We are very proud to announce that the National Hispanic Business Women Association (NHBWA) has named our Regional Director, Priscilla Lopez, as this year’s Business Woman of the Year. Read below on her community involvement and passion for education that makes her stand out. Congratulations Priscilla!
Venture Capital tips provided by our LaunchPad SBDC Director, Luis Vasquez
This is a must-see video for anybody looking to raise venture capital. Luis Vasquez, Director of our LaunchPad SBDC, gives a break down of some key tips any business looking to raise VC funding should know and use.
11 Tips for Better Cash Flow Management
“Cash is King.” Without sufficient cash, even the most profitable business ceases to exist. Cash flow is not about profitability, but the timing of cash flowing in and out of the business. No matter how much you sell, if you don’t collect the money, you’re going to go out of business. As business owners, we [...]
Financing Your Business
What are the available financing options? There are several options available to finance your startup or existing business. These options may or may not work for you depending on many factors. These financing options include: Own Financing Friends, Family and Fools’ (FFFs) Financing Loan Financing Equity Financing Asset-Based Financing Mezzanine Financing Grants Your Money: The [...]
Business Planning and Writing a Business Plan
Why a Business Plan? Business planning is a crucial part of a successful business. Business plans are dynamic instruments used on a regular basis to help owners and executives to plan for future growth and assess past performances. Included in a business plan are financials, competitive landscape, marketing, and sales to name a few. Without [...]
Business Partnerships and Taking on a Business Partner
Business partnerships have their advantages and disadvantages. Taking on a business partner is like a marriage. In general, partnerships are easy to get into and difficult to get out of. Certain guidelines should be taken into consideration along with a path to follow – from dating to prenup to marriage – all of which can [...]
