Startup Financing Ephrata PA

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

Michael Helveston
Rodgers & Associates Ltd.
(717) 560-3800
647 E. Roseville Road
Lancaster, PA
Expertises
Ongoing Investment Management, Tax Planning, Insurance Related Issues, including Annuities, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, CRPC

Lita "Lee" Pelko
Rodgers & Associates Ltd.
(717) 560-3800
647 E. Roseville Road
Lancaster, PA
Expertises
Ongoing Investment Management, Charitable Giving - Trusts & Foundations, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, CRPC

William Heidig
FiscalWise, Inc.
(610) 891-7760
1756 Columbia Avenue
Lancaster, PA
Expertises
Retirement Planning & Distribution Rules, Advising Entrepreneurs, Women's Financial Planning Issues, Advising Medical Professionals, Planning Issues for Business Owners, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, MBA

Mr. Joseph J. Howe, CFP®
(717) 721-5294
47 E Main St
Ephrata, PA
Firm
Ephrata National Bank

Data Provided by:
Mr. Emerson L. Paul, CFP®
(717) 336-3801
PO Box 610
Reamstown, PA
Firm
Weinhold Nickel & Company LLP
Areas of Specialization
Accounting, Education Planning, General Financial Planning, Retirement Income Management, Retirement Planning, Tax Preparation
Key Considerations
Average Net Worth: $100,001 - $250,000

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



Data Provided by:
Timothy Decker
ISI Financial Group, Inc.
(717) 393-3353
26A East Roseville Road
Lancaster, PA
Expertises
Retirement Planning & Distribution Rules, High Net Worth Client Needs, Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Estate & Generational Planning Issues, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, AIF

Rick Rodgers
Rodgers & Associates Ltd.
(717) 560-3800
647 E. Roseville Road
Lancaster, PA
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CRC, CRPC

Mrs. Lindsey Borgese, CFP®
(717) 738-1532
47 E Main St
Ephrata, PA
Firm
Ephrata National Bank

Data Provided by:
Mr. Stephen F. Schlissel, CFP®
(717) 721-5238
47 E Main St
Ephrata, PA
Firm
Money Management Group-Ephrata National Bank
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Elder Care, Estate Planning, Healthcare Planning, Insurance Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided by:
Mr. David D Schairer, CFP®
(248) 444-5562
369 Wheatfield Dr
Lititz, PA
Firm
Thrivent Financial for Luthera

Data Provided by:
Data Provided by:

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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