Raising Capital for Your Business Hernando MS
Raising Capital for Your Business
Important Considerations in the Early Stages of Business Life
When starting a business in this most challenging environment, it is important that you use your resources as efficiently as possible. This will allow you to get through the difficult early stages of business life. It is best to try to do as much as you can on your own to raise capital, but also be wise with respect to seeking direction when it counts most.
The following are important considerations for businesses trying to raise capital in the early stages of business life:
Meet with a banker/investment banker. Seek what programs are available for small businesses. Open appropriate bank accounts (bring formation papers, your tax ID#, and photo ID). Ask what you should do for now to establish credit for your business even if they will only offer your company a small credit card line. Your business’s credit, though different than your own, does depend upon your personal credit as well. This is the first step in establishing a credit history for your company for future borrowing.
Consider the use of a venture capitalist. Venture capitalists (VCs) tend to invest in an industry that they have had experience in. Typically, they have had success in their industry at one time or another and their company was either strategically sold, or went public. This experience has given them tremendous insight and is something they will look to leverage when investing in an opportunity.
Matering and Managing the 6 Pillars of Productivity Workshop
Dates: 10/13/2020 – 10/14/2020
The Peabody Memphis
"Mastering and Managing the 6 Pillars of Productivity" is for front-line Sales Managers (those that coach and manage sales reps) who want to build their management acumen, and understand best practices and processes around the 6 Pillars of Productivity. The 6 Pillars of Productivity are the areas over which Sales Managers have control and influence over. This optional, pre-Summit workshop will provide a science-based view as to what drives the productivity of a sales team. Effectively managing the 6 Pillars of Productivity is the "blocking and tackling", or operational element of sales management. But, being an impactful leader and motivating coach is the foundation of your job. That said, we encourage the Field Sales Managers who attend this workshop to attend the Sales Leadership and Coaching Strategies Summit as wel. The Summit is October 14-15 in the same location.