Startup Financing Cranford NJ

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

Stanley Ehrlich
S.F. Ehrlich Associates, Inc.
(908) 789-1100
PO Box 2278
Westfield, NJ
Expertises
Cash Flow/Budgets/Credit Issues, Planning Issues for Business Owners, Middle Income Client Needs, Ongoing Investment Management, Retirement Planning & Distribution Rules, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, MA, MPA

Michael Maye
MJM Financial Advisors, LLC
(908) 665-0330
68 Plymouth Drive
Berkeley Heights, NJ
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS, MBA

Katharina Gschwend
Creative Financial & Divorce Planning, LLC
(908) 665-0022
112 Sherwood Drive
New Providence, NJ
Expertises
Middle Income Client Needs, Divorce Planning, Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CDFA, CFP®, PhD

Clare Wherley
Lassus Wherley
(908) 464-0102
1 Academy Street
New Providence, NJ
Expertises
Planning Concerns for Corporate Executives, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Women's Financial Planning Issues, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, MBA

Jeremy Welther
Brinton Eaton Wealth Advisors
(973) 984-3352
One Giralda Farms, Suite 130
Madison, NJ
Expertises
Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, Planning Concerns for Corporate Executives, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, AIF, BS, CFP®

Jeffrey Waters
OFC Financial Planning, LLC
(973) 258-1007
35 Canoe Brook Road
Short Hills, NJ
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, College/Education Planning, High Net Worth Client Needs, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®

Diahann Lassus
Lassus Wherley
(908) 464-0102
1 Academy Street
New Providence, NJ
Expertises
Ongoing Investment Management, Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, CPA/PFS, MBA

Eve Kaplan
Kaplan Financial Advisors, LLC
(908) 898-0549
52 Plymouth Drive
Berkeley Heights, NJ
Expertises
Retirement Plan Investment Advice, Planning Issues for Business Owners, High Net Worth Client Needs, Women's Financial Planning Issues, Estate & Generational Planning Issues, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®, MA

James Gallo
KDI Financial Planning LLC
(908) 464-2011
52 Greenwood Road
New Providence, NJ
Expertises
Retirement Plan Investment Advice, Cash Flow/Budgets/Credit Issues, College/Education Planning, Helping Clients Identify & Achieve Goals, Hourly Financial Planning Services, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, BSEE, CFP®, MS

Scott Noyes
Noyes Capital Management, LLC
(973) 267-8120
17 Village Rd, 2nd Floor - P.O. Box 271
New Vernon, NJ
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Planning Concerns for Corporate Executives, High Net Worth Client Needs, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, CLU, 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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