Startup Financing Byhalia MS

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

Dianne Berry
Berry Financial Services, Inc.
(901) 757-4447
1917 Hazelton Drive
Germantown, TN
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Financial Issues Between Generations, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, MBA

Mr. Gary Lee Kieffner Jr., CFP®
(901) 603-8911
6225 Bear Cove South
Olive Branch, MS
Areas of Specialization
Investment Management

Data Provided by:
Mr. Scott M. Robbins, CFP®
(901) 322-4215
3725 Champion Hills Dr
Memphis, TN
Firm
Private Wealth Management, Inc
Areas of Specialization
Comprehensive Financial Planning

Data Provided by:
Lindsey Kay Donovan, CFP®
(901) 748-4899
8245 Tournament Dr Ste 130
Memphis, TN
Firm
Wells Fargo Advisors Financial Network
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care

Data Provided by:
Mr. Kevin S. Baltier, CFP®
(901) 853-2280
435 New Byhalia Road
Collierville, TN
Firm
Edward Jones
Areas of Specialization
Divorce Issues, Estate Planning, Investment Management, Retirement Income Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable



Data Provided by:
Mr. William E. Lloyd Jr., CFP®
(662) 342-5100
8860 Deer Creek Ln
Olive Branch, MS

Data Provided by:
Mr. Andrew J Groscost, CFP®
(901) 490-2266
8454 Saddlebrook Trail
Olive Branch, MS
Firm
AJ Groscost, CPA, PLLC
Areas of Specialization
Accounting, Education Planning, Tax Planning, Tax Preparation
Key Considerations
Average Net Worth: $100,001 - $250,000

Average Income: $50,001 - $100,000

Profession: Self-Employed Business Owners

Data Provided by:
Ms. Celia K. Brugge, CFP®
(901) 969-4500
8295 Tournament Dr Ste 150
Memphis, TN
Firm
Dogwood Financial Planning
Areas of Specialization
Comprehensive Financial Planning, Planning for Couples, Retirement Income Management, Retirement Planning, Social Security Planning, Women's Finances
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000



Data Provided by:
Mr. Jeffrey N. Boone, CFP®
(901) 355-8515
1755 West Poplar Avenue
Collierville, TN
Firm
SunTrust Investment Services, Inc.
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, Government and Military

Data Provided by:
Mr. William L. Hays Jr., CFP®
(901) 854-5495
350 New Byhalia Rd Ste 1
Collierville, TN
Firm
WLH Management Co., Inc.
Areas of Specialization
Asset Allocation
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $250,001 - $500,000

Profession: Business Executives

Data Provided by:
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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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