Raising Capital for Your Business Newberg OR
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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.
PNWCMUG Membership - Portland Chapter
Dates: 12/31/2025 – 12/31/2025
Portland, Oregon, United States Portland
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The group will discuss aspects of color management, proofing and digital workflows for content creators (designers, advertisers, photographers, production in-plants, etc.), prepress and printers. There will be discussions, workshops, and demonstrations of products and techniques by experts and vendors to showcase the latest technologies available to the membership. A portion of most meetings will be devoted for an open exchange of ideas and question and answer time. Click here to view current CMUG events in Portland http://www.eventspdx.pnwcmug.com Feel free to contact us with any questions at colorcontrolfreak @ pnwcmug.com
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