Startup Financing Chillicothe OH

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

Mr. Mark H. Justice, CFP®
(740) 774-4411
Justice Financial Services
Chillicothe, OH
Firm
United Planners Financial Services of America

Data Provided by:
Mr. Kevin Eugene Norman Jr., CFP®
(740) 773-9444
109 W Main St
Chillicothe, OH
Firm
Wells Fargo Advisors
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Debt Management, Elder Care, Estate Planning, General Financial Planning

Data Provided by:
Mr. David H. Webb, CFP®
(740) 474-4400
133 W Mound St
Circleville, OH
Firm
Raymond James Financial Servic

Data Provided by:
Mr. Daniel K. Eickholt, CFP®
(740) 332-2006
14216 Long Run Rd
Laurelville, OH
Firm
Daniel K. Eickholt CFP

Data Provided by:
Fifth Third Bank
(740) 947-1102
Waverly, 303 E. Emmitt Avenue
Waverly, OH
Office Hours
M-TH 9-3:30; F 9-6; SA 9-12
Drive Up Hours
M-TH 9-4:30; F 9-6; SA 9-12

Mr. Adam Christopher Halm, CFP®
(740) 772-1027
2151 Western Ave
Chillicothe, OH
Firm
Halm Investment Services LLC
Areas of Specialization
Accounting, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning

Data Provided by:
Mr. Lee Hamilton, CFP®
(740) 626-2090
334 State Route 772
Bainbridge, OH
Firm
Modern Woodmen of America

Data Provided by:
Ian H Webb, CFP®
(740) 474-4400
133 W Mound St
Circleville, OH
Firm
Raymond James
Areas of Specialization
Budget Development, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Investment Management

Data Provided by:
Fifth Third Bank
(740) 774-3365
Chillicothe Downtown, 128 W Main St
Chillicothe, OH
Office Hours
M-TH 9-5; F 9-6; SA 9-12
Drive Up Hours
M-TH 8:30-5; F 8:30-6; SA 8:30-12

US Bank - Waverly Office
(740) 947-2183
197 E Emmitt Ave
Waverly, OH
Drive Up Hours
Mon 08:30 am to 05:30 pm
Tue 08:30 am to 05:30 pm
Wed 08:30 am to 05:30 pm
Thur 08:30 am to 05:30 pm
Fri 08:30 am to 06:00 pm
Sat 08:30 am to 01:00 pm

Data Provided by:

Startup Financing

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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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