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I am a great fan of bootstrapping, but there are some business models that just require cash more than others. Product-based businesses are an example. Bootstrapping does not often give you the reserves quick enough to act on an opportunity. Before you consider borrowing I would urge you to possibly rethink your business model and/or the opportunity you want to go after. You can assess whether you can approach things
The post How to Increase Your Chances of Borrowing if You Are Self-Employed appeared first on Financial Gym for Business.
I am a great fan of bootstrapping, but there are some business models that just require cash more than others. Product-based businesses are an example. Bootstrapping does not often give you the reserves quick enough to act on an opportunity. Before you consider borrowing I would urge you to possibly rethink your business model and/or the opportunity you want to go after. You can assess whether you can approach things
The post How to Increase Your Chances of Borrowing if You Are Self-Employed appeared first on Financial Gym for Business.