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Bankable Business Plans reveals the secret of creating a compelling and successful business plan for anyone who ever dreamed of starting or expanding an enterprise.
His articles have appeared in a variety of publications, including Family Business Review, Forbes, The Journal of Business and Entrepreneurship, and The New York Times.
He is the founder of Newton Business Programs, an entrepreneurial-focused company which offers business training, and has served as a CEO for two media companies that owned more than 20 radio stations and as a consultant for a variety of businesses, including venture capital firms and entrepreneurs.
There are other things, such as collateral and the character of the person, behind the loan.
Financial things to look for: If you are unsure, then just ask your banker.
Now, that you have determined if you are bankable or not bankable, it’s time to put together a bankable business plan.
There are several things that banks (and investors) want to see before they invest in your and your company.The secrets behind creating compelling and successful business plans sure to attract financial backers are revealed step-by-step in this invaluable guide.Containing detailed information on Risk Management Association (RMA) data and clear explanations of the guidelines that banks, venture capital firms, and the Small Business Administration (SBA) use to grant loans and other financial support to businesses, the resource equips potential business owners with a wealth of knowledge on lending procedures.He is a professor in the department of management of the Zicklin School of Business and the academic director of the Lawrence N.Field Center for Entrepreneurship and Small Business at Baruch College.We deal with companies that are both highly successful or maybe in a distress situation.If you are successful, then you may want to acquire another company, have a distribution, or invest in CAPEX.In today’s market of relatively cheap access to capital, why would you use your own cash?If you are growing, then you really need to consider a line of credit to help you grow.Hundreds of useful ideas for developing, operating, marketing, and building a profitable business are included as are copious examples and resources for further study.By demonstrating how to make each business plan uniquely suited to a particular endeavor--such as home-based businesses, sole proprietorships, and franchise operations--this comprehensive handbook ensures that anyone can embark on a new business venture with confidence. Rogoff is the author of The Entrepreneurial Conversation.