Startup Financing Girard OH

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

Ms. Paulette Cook Pasquale, CFP®
(330) 759-0890
1601 Motor Inn Dr
Girard, OH
Firm
Pasquale Financial
Areas of Specialization
Asset Allocation, Elder Care, Estate Planning, General Financial Planning, Healthcare Planning, Intergenerational Planning, Life Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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



Data Provided by:
Dr. R. Wayne Counts, CFP®
(330) 941-7149
1 University Plz
Youngstown, OH
Firm
Youngstown State University

Data Provided by:
Laurie J Gerdy, CFP®
(330) 539-9000
972 Youngstown Kingsville Rd SE
Vienna, OH
Firm
Emery Financial Group
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. George E. Mowrey, CFP®
(330) 759-3444
4964 Belmont Ave
Youngstown, OH
Firm
G. Earl Mowrey & Co. L.L.C.
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. J. Bryan Redmond, CFP®
(330) 856-7069
8886 E Market St
Warren, OH
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care

Data Provided by:
Ms. Jill B. Mccullough, CFP®
Lariccia School of Accounting & Finance Rm 3331
Youngstown, OH
Firm
Youngstown State University
Areas of Specialization
Comprehensive Financial Planning, Employee and Employer Plan Benefits, Life Transitions, Retirement Planning, Wealth Management, Women's Finances, Young Professionals
Key Considerations
Average Net Worth: $5,000,001 or more

Average Income: $500,001 - $1,000,000



Data Provided by:
Mr. Thomas J. Hannon, CFP®
(330) 792-9011
47 Westchester Dr
Youngstown, OH
Firm
Hannon & Associates

Data Provided by:
Mr. Russell W Spitz Jr., CFP®
(330) 759-6776
5048 belmont ave
youngstown, OH
Firm
MorganStanley SmithBarney
Areas of Specialization
Comprehensive Financial Planning, Employee and Employer Plan Benefits, Insurance Planning, Investment Management, Retirement Income Management, Retirement Planning, Risk Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided by:
Mr. Richard H. J. Sheridan, CFP®
(330) 394-1346
PO Box 217
Vienna, OH
Firm
Small Business Management Inc

Data Provided by:
Mr. Michael E. Sabelli, CFP®
(216) 726-1128
918 Trailwood Dr Ste 2
Youngstown, OH
Firm
MICHAEL E. SABELI, CPA, CFP
Areas of Specialization
Accounting, Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Elder Care, Estate Planning

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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