Startup Financing Hobart IN

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

Joseph Harowski
Smart Choice Financial Planning, Inc.
(219) 682-7544
9421 Joliet St.
St. John, IN
Expertises
Middle Income Client Needs, Planning Issues for Business Owners, Retirement Plan Investment Advice, Ongoing Investment Management, Hourly Financial Planning Services
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. Douglas J. Hoover, CFP®
(219) 736-8902
101 E 90th Dr
Merrillville, IN
Firm
Strategic Financial Group, LLC
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided by:
Ms. Marijo Dluzak, CFP®
(888) 755-PLAN
285 W 80th Pl
Merrillville, IN
Firm
Dluzak & Associates INC
Areas of Specialization
Asset Allocation, Estate Planning, Investment Management, Retirement Income Management, Sudden Wealth Management, Wealth Management, Women's Finances
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Tom Lozanoski, CFP®
(219) 736-8677
8750 Broadway
Merrillville, IN
Firm
Ameriprise Financial Services,
Areas of Specialization
Retirement Planning

Data Provided by:
Mrs. Dorothy A. Austgen, CFP®
(219) 736-6900
334 W. 84th Drive
Merrillville, IN
Firm
Eley-Graham Financial Advisory Services
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided by:
Mr. Richard E. Graham Sr., CFP®
(219) 736-6900
334 W 84th Dr
Merrillville, IN
Firm
Eley Graham Financial Services
Areas of Specialization
General Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided by:
Mr. Kenneth E. Braggs, CFP®
(219) 738-4456
707 East 80th Place 4th Floor
Merrillville, IN
Firm
Merrill Lynch
Areas of Specialization
Asset Allocation, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Planning, Retirement Planning

Data Provided by:
Mr. Jason R. Topp, CFP®
(219) 736-8677
8750 Broadway, Suite B
Merrillville, IN
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues, Elder Care
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided by:
Ms. Karen S. Candiano, CFP®
(219) 736-6900
334 W 84th Dr
Merrillville, IN
Firm
Eley - Graham Financial Adviso
Areas of Specialization
Women's Finances
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Medical/Dental Professionals

Data Provided by:
Mr. Paul Kutanovski, CFP®
(219) 765-6693
707 E 80th Pl Ste 302
Merrillville, IN
Firm
Valic
Areas of Specialization
Education Planning, Investment Planning, Retirement Planning, Risk Management, Wealth Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided by:
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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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