Startup Financing Allen TX

Looking for information on Startup Financing in Allen? We have compiled a list of businesses and services around Allen that should help you with your search. We hope this page helps you find information on Startup Financing in Allen.

Richard Alston
New Dimensions Wealth Management, LLC
(972) 996-4767
825 Market Street, Building M, Suite 250
Allen, TX
Expertises
Helping Clients Identify & Achieve Goals, Planning Issues for Business Owners, College/Education Planning, Retirement Plan Investment Advice, Divorce Planning, Advising Entrepreneurs
Certifications
NAPFA Registered Financial Advisor, CFP®, MA

David Brunson
Lifeway Financial Corporation
(972) 378-3744
7160 Dallas Parkway, Suite 520
Plano, TX
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CDFA, CFA, CFP®

John Gay
Frisco Financial Planning, LLC
(469) 252-1249
9555 Lebanon Road
Frisco, TX
Expertises
Ongoing Investment Management, Hourly Financial Planning Services, Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Insurance Related Issues, including Annuities
Certifications
NAPFA Registered Financial Advisor, CEBS, CFP®, CLU, MSFS

Jarrod Upton
Investors Asset Management, Inc.
(972) 985-7162
5000 Legacy Drive, Suite 180
Plano, TX
Expertises
Helping Clients Identify & Achieve Goals, Socially Responsible Investments, Estate & Generational Planning Issues, Advising Employee Benefit Plan Participants, Planning Concerns for Corporate Executives, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA, MS

Martin Mesecke
Self Worth Financial Planning LLC
(214) 774-4826
4965 Preston Park Blvd., Suite 280
Plano, TX
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

Christopher Currin
Pegasus Advisors, LLC
(877) 799-4647
555 Republic Dr Ste 200
Plano, TX
Expertises
Retirement Planning & Distribution Rules, Tax Planning, Investment Advice without Ongoing Management, Insurance Related Issues, including Annuities, Special Needs Planning, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®

Brent Little
Odyssey Wealth Management, LP
(972) 636-5037
6860 N Dallas Parkway, Suite 200
Plano, TX
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Estate & Generational Planning Issues, Tax Planning, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS

Christopher Troseth
Investors Asset Management, Inc.
(972) 985-7162
5000 Legacy Drive, Suite 180
Plano, TX
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Planning Concerns for Corporate Executives, Retirement Plan Investment Advice, College/Education Planning, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, CFP®

Bryan Lee
Strategic Financial Planning, Inc.
(972) 403-1234
6513 Preston Road, Suite 100
Plano, TX
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Planning Concerns for Corporate Executives, Advising Entrepreneurs, Divorce Planning, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Alex Stowe
Stowe Financial Planning, LLC
(972) 733-9959
1316 Village Creek, #700
Plano, TX
Expertises
Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Helping Clients Identify & Achieve Goals, Middle Income Client Needs, Ongoing Investment Management, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Startup Financing

Provided By: 

The Real Funding Strategy That Works
by Kenneth H. Marks

You have an idea for a product or service and want to start a company, or maybe you already have a company and you are thinking about launching a new product line. Either way, you need capital to make it happen, but how do you get the funding required?

If you attend your typical MBA class on startup businesses or an entrepreneurial starter program, you’ll likely be told to write a business plan and shop it to angel and venture investors, right? Not in the real world!
Statistically no one gets venture capital. Yes, we all read about the handful of companies that obtained venture funding, are written about in the trade rags and may have even gone public, but given the number of companies started each year vs. the number of companies receiving institutional (or venture) funding, it is insignificant, and for most companies just plain unrealistic. So, how do the 99.9 percent of startup businesses get funded?

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Practical Funding Approach

The financing strategy is bootstrapping in stages based on iterative phases of success, working from the end backwards along a path of steps, only doing what must be done to get to the next phase with minimal capital. This is a resourceful and practical approach:
· Start with the customer and market need.
· Establish the critical path items for at least the first stage of the company or project.
· Define what it takes to validate the market and prove the company’s ability.
· Develop a list of where and from whom you can get the resources needed (i.e. those who have a reason to care about your company’s success).
· Assess – Can you bridge the gap with friends and family and personal investment?

Start with the Customer and the Market Need

Start with the end in mind — that is, the customer and the market need. Many businesses start with a solution and look for a problem to solve; this is natural when you have technical entrepreneurs and creative people. However, capital is attracted to situations that have proven market demand with a solution that is feasible at a validated price that allows the business to make a significant return based on the risk involved. The idea is to validate the market and price as soon as possible in the development of the company and shape the product or service offering to assure profitable revenues, or at least those that can generate a reasonable gross profit (revenues minus direct costs). This means talking with potential customers as you are crafting the business plan and strategy — the same goes with likely sources of supply.

Establish the Critical Path Items

Next, leverage the knowledge gained to develop the critical path items required to launch the company. Create a working prototype and confirm that the business model will work. One of the outputs of this train of thinking and process is a clearer understanding of the amount and timing of capital required.
Let’s take an example: A small ...

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