Empty buildings in small towns are often empty for a reason, and that reason is often that they need work before any business could use them. Remodeling costs can be astonishingly expensive, so people often ask where they can find grants, loans or other funds to help them. Here are some of my favorite “usual […]
How to cope with wild swings in income using the pressure tank method
When I was a kid, we had a water well at our house. The pump would run long enough to fill up the tank, then shut off. So the water pressure in the house was either all or nothing, kind of like your income. Being self-employed is almost synonymous with wild swings in income. Compared […]
Financing Your Small Business
Whether you are starting a business or looking to grow your business, there is always a need for capital or financing. With the advent of Internet, new opportunities for capital have developed. Plus all of the old methods are also still a possibility. Typically, you, the owner, make the first investment into the business. It […]
27 Strategies for Raising Small Business Capital
How many different ways can you think of to raise money for your small town business? Bank loans, of course, but then where? Maury Forman with the Washington State Department of Commerce Office of Economic Development & Competitiveness has put together 27 different strategies for raising capital in an ebook called Startup Widsom. Good news: […]
