Startup Financing Grand Island NE

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

John W Posey, CFP®
(308) 382-5720
615 W 1st St
Grand Island, NE
Firm
Contryman Wealth Advisors
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Retirement Planning, Young Professionals

Data Provided by:
Mr. Vernon D. Robbins, CFP®
(308) 382-6251
732 N Diers Ave
Grand Island, NE
Firm
Vernon D. Robbins, CPA, PC
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Tax Planning
Key Considerations
Profession: Self-Employed Business Owners

Data Provided by:
Wells Fargo - Grand Island Main
(308) 382-4800
304 W 3Rd St
Grand Island, NE
Type
Branch
Office Hours
Mon-Fri 09:00 AM-05:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

Wells Fargo - Second Street
(308) 382-3366
920 W 2Nd St
Grand Island, NE
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 08:00 AM-02:00 PM
Sun Closed

US Bank - Webb Office
(308) 381-7554
2121 N Webb Rd
Grand Island, NE
Drive Up Hours
Mon 08:00 am to 05:30 pm
Tue 08:00 am to 05:30 pm
Wed 08:00 am to 05:30 pm
Thur 08:00 am to 05:30 pm
Fri 08:00 am to 05:30 pm
Sat 08:00 am to 12:00 pm

Mr. Mark J Allen, CFP®
(308) 385-1500
3032 W Stolley Park Rd
Grand Island, NE
Firm
Allen Capital Group, LLC
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Investment Management, Retirement Planning, Tax Planning

Data Provided by:
Mr. Richard G. Van Zyl, CFP®
(308) 384-5350
2015 N Broadwell Ave
Grand Island, NE
Firm
American Portfolios

Data Provided by:
US Bank - 3rd & Main Office
(308) 389-4017
424 W Third St
Grand Island, NE
Languages
Spanish

US Bank - Grand Island - 314 North Walnut Drive-Up Office
(308) 389-4060
314 N Walnut
Grand Island, NE
Languages
Spanish
Drive Up Hours
Mon 08:00 am to 05:30 pm
Tue 08:00 am to 05:30 pm
Wed 08:00 am to 05:30 pm
Thur 08:00 am to 05:30 pm
Fri 08:00 am to 05:30 pm
Sat 09:00 am to 12:00 pm

Wells Fargo - Conestoga Mall
(308) 382-2049
3404 W 13Th St
Grand Island, NE
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 08:00 AM-04:00 PM
Sun Closed

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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