1. Develop your Projections
Obtain your Financing
Obtain your Insurances/ Licenses

2. Statements Based on Projections

6. Capital= Money, Fixtures --- Debt= Need to Re-Pay
Backed with Collateral Made to the most credit-worthy

7. The Business is a Start-Up!
Poor or Incomplete Business Plan
Lack of Experience
Lack of Confidence in Borrower
Inadequate Investment in the Business

8. * Business Must Be Considered “Small”
* Must not be Leader in Field
* Must Comply with all Federal Laws
* Business CANNOT be opinionated
* Unable to Obtain Financing from Bank
* Owner Must Provide Reasonable amount of Own Money
* Owner Must Provide Reasonable Collateral

9. Equity Capital
Business Grants
Venture Capitalists

10. Develop List of Start-Up Costs
Develop List of Operating Expenses
Develop List of Potential Revenues