One of the great things about running Monkey Bizness is the chance to talk with so many aspiring entrepreneurs about what they want to accomplish in opening a business. That may sound corny, but it’s true. I get so much energy from listening to others talk about taking the leap and starting their own business.
One major gray area with most that I talk with is how are they going to finance their new business? While this might be an uncomfortable question that many are afraid of the answer, in reality, it is one of the first before starting a new venture. One reason many don’t like to confront this question is that there is not a lot of great information on the options that are out there. Being a certified public accountant, I have grown comfortable with many of the terms and methods mentioned. However, if not for that training, I would be in the same boat as most others. Below is a video we have put together to go through some of the most common ways to finance a business along with a high-level view of SBA loan funding.
If you have any further questions, don’t hesitate to reach out to us using this link.