At first glance, it might seem as though money is the biggest challenge to funding your business for growth. Funding is one of the main obstacles that keep businesses from scaling. And sure, money is a big part of the problem. Either you don’t have the money or you can’t find people to invest in your business. But in plenty of cases, money is not the only reason you're having trouble scaling. The problem is also how you build your business. Here are some of the biggest challenges to … [Read more...]
Finding Funding Answers in Business
An unexpected challenge of running a successful business is the art of finding capital as the company grows. Many business owners focus their funding efforts exclusively on the startup period of the first year when the company needs money from investors, loans, or owner capital, but they may neglect to consider later needs of company finances once the business is running. Finding funding solutions for a business that is experiencing rapid growth can be a challenge. Depending on the type of … [Read more...]