Startup Financing Murfreesboro TN

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

Dr. John Thomas Lee, CFP®
(615) 904-6373
710 NW Broad St
Murfreesboro, TN
Firm
Wilson Bank and Trust
Areas of Specialization
Comprehensive Financial Planning, Investment Planning, Retirement Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Matthew Givens, CFP®
(615) 898-8755
820 Medical Center Pkwy
Murfreesboro, TN
Firm
Northwestern Mutual
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, Retirement Income Management

Data Provided by:
Mr. Tracey Alan Binkley, CFP®
(615) 764-4473
804 N Thompson Ln Ste 2A
Murfreesboro, TN
Firm
Morgan Stanley Smith Barney

Data Provided by:
Mr. Brian Coleman, CFP®
(615) 890-5122
1608 Williams Dr Ste 100
Murfreesboro, TN
Firm
Edward Jones
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Investment Planning, Long-Term Care, Retirement Planning

Data Provided by:
Ms. Jennifer A. Sexton, CFP®
(615) 890-9411
745 S Church St Ste 401
Murfreesboro, TN
Firm
Ameriprise Financial Services,
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Education Planning, Insurance Planning, Investment Management, Long-Term Care
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Martin Hunter Mcfarlin, CFP®
(615) 890-1070
119 N. Maple Street
Murfreesboro, TN
Firm
McFarlin Financial Partners, LLC

Data Provided by:
Ms. Regina Embry, CFP®
(615) 962-9122
716A S Church St
Murfreesboro, TN
Firm
Quest Financial Group
Areas of Specialization
General Financial Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Planning, Socially Responsible Investments, Women's Finances

Data Provided by:
Mr. Ralph F. Weber, CFP®
(805) 277-0741
2441Q Old Fort Pkwy Ste 329
Murfreesboro, TN
Firm
Route Three Life Health Disability

Data Provided by:
Mr. Jason W. Qualls, CFP®
(615) 878-2134
3210 Bilbrey Drive
Murfreesboro, TN
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Debt Management, Divorce Issues, Education Planning, Estate Planning

Data Provided by:
Mr. Michael J. Hull, CFP®
(615) 896-1181
PO Box 12122
Murfreesboro, TN
Firm
Investment & Retirement Advisors
Areas of Specialization
Asset Allocation, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
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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