Startup Financing Hollidaysburg PA

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

Mr. Christopher M. Beaver, CFP®
(814) 946-9486
735 S Logan Blvd
Hollidaysburg, PA
Firm
James P Kimmel - Nationwide
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning

Data Provided by:
Mr. Samuel Britz, CFP®
(814) 696-1100
319 Allegheny St
Hollidaysburg, PA
Firm
Britz & Associates

Data Provided by:
Mr. Douglas D. Reigh, CFP®
(814) 696-6500
1715 North Juniata Street
Hollidaysburg, PA
Firm
Ameriprise Financial Services, Inc.

Data Provided by:
Jerrod Smith, CFP®
(814) 941-4800
517 S Logan Blvd
Altoona, PA
Firm
Raymond James
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Estate Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Long-Term Care, Men's Finances, Planning for Couples, Retirement Income Management, Retirement Planning, Risk Management, Securities, Social Security Planning, Sudden Wealth Management, Tax Planning, Wealth Management, Young Professionals
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Paul L. Johnson Jr., CFP®
(814) 946-7006
1216 Pleasant Valley Blvd
Altoona, PA
Areas of Specialization
Comprehensive Financial Planning, Investment Management, Retirement Planning, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Jonathan Paul Levin, CFP®
(814) 695-1558
601 Hawthorne Dr
Hollidaysburg, PA
Firm
Wells Fargo Advisors

Data Provided by:
Albert N. Masood Ii, CFP®
601 Hawthorne Dr Ste 2B
Hollidaysburg, PA
Firm
Wells Fargo Advisors
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Insurance Planning, Investment Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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



Data Provided by:
Mr. Joseph L. Harkins Jr., CFP®
(814) 696-9413
9123 Charger Hwy
Duncansville, PA
Firm
Harkins Investment Solutions
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Investment Management, Socially Responsible Investments
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Jay L. Guyer, CFP®
(814) 941-5711
301 West Plank Road
Altoona, PA
Firm
M & T Bank
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Planning, Retirement Planning, Wealth Management

Data Provided by:
Mr. Guy J. Landolfi, CFP®
(814) 942-5345
2903 7th Ave
Altoona, PA
Firm
Mr. Guy J. Landolfi
Areas of Specialization
Accounting, Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning

Data Provided by:
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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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