Startup Financing Guntersville AL

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

Mr. Gary D. Barr, CFP®
503 Blount Ave
Guntersville, AL
Firm
Edward Jones Investments

Data Provided by:
Mr. Kerry M. Chatham, CFP®
(888) 294-0894
429 Gunter Ave Ste A
Guntersville, AL
Firm
Team Wealth Solutions
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Employee and Employer Plan Benefits

Data Provided by:
Mr. John A. Chastain, CFP®
(256) 878-1720
PO Box 1367
Albertville, AL
Firm
Ameriprise Financial

Data Provided by:
Wells Fargo - Albertville
(256) 891-2427
203 W Main St
Albertville, AL
Type
Branch
Office Hours
Mon-Thu 08:30 AM-04:00 PM
Fri 08:30 AM-05:00 PM
Sat 08:30 AM-12:00 PM
Sun Closed

Michael Tankersley
(205) 332-3814
876 8th Avenue NE
Arab, AL
Firm
Investment Management Advisors, Inc.
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, High Net Worth Client Needs, Alternative or Private Investments, Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues
Designations
CFP®, MBA

David Mcewen Bridges, CFP®
(256) 571-5009
2208 Ringold St Ste 101
Guntersville, AL
Firm
LPL FINANCIAL
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Retirement Income Management, Small Business Planning, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Business Executives

Data Provided by:
Mr. Michael E Lewis, CFP®
(256) 571-9061
429 A Gunter Avenue
Guntersville, AL
Firm
Raymond James Financial Services
Areas of Specialization
Business Succession Planning, Charitable Giving, Employee and Employer Plan Benefits, Estate Planning, Investment Management, Long-Term Care, Retirement Income Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Wells Fargo - Guntersville
(256) 571-0100
600 Gunter Ave
Guntersville, AL
Type
Branch
Office Hours
Mon-Thu 08:30 AM-04:00 PM
Fri 08:30 AM-05:00 PM
Sat-Sun Closed

Regions Bank - Albertville Sand Mountain Dr
(256) 878-4616
116 Sand Mountain Drive
Albertville, AL
Type
Branch
Office Hours
M-F 9:00-4:30
S CLOSED
Su NA
Drive Up Hours
M-Th 9:00-4:30
F 9:00-5:30
S CLOSED
Su NA

Wells Fargo - Northgate
(256) 586-7900
1001 N Brindlee Mountain Pkwy
Arab, AL
Type
Branch
Office Hours
Mon-Thu 08:30 AM-04:00 PM
Fri 08:30 AM-05:00 PM
Sat 08:30 AM-12:00 PM
Sun Closed

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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