Startup Financing Sedro Woolley WA

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

William Morrissey
Sound Financial Planning, Inc.
(360) 336-6527
425 Commercial Street, Suite 203
Mount Vernon, WA
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

Robert G. Thomson Iii, CFP®
(360) 757-8200
325 E George Hopper Road
Burlington, WA
Firm
First Command Financial Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Not Applicable

Data Provided by:
Ms. Paula L. Dey, CFP®
(360) 428-1850
2124 Riverside Dr
Mount Vernon, WA
Firm
The Dey Company Inc

Data Provided by:
Mr. William T. Morrissey, CFP®
(360) 336-6527
425 Commercial St Ste 203
Mount Vernon, WA
Firm
Sound Financial Planning
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Planning, Life Planning, Real Estate
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Todd E. Wiersum, CFP®
(877) 477-1065
1211 12th Street
Anacortes, WA
Firm
LPL Financial

Data Provided by:
Mr. Michael E. Harvin, CFP®
(360) 757-8200
325 E. George Hopper Rd
Burlington, WA
Firm
First Command Financial Planning
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $100,000 or less

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

Profession: Not Applicable

Data Provided by:
Mrs. Tammera Lynn Prouty, CFP®
(360) 336-6527
425 Commercial St Ste 203
Mount Vernon, WA
Firm
Sound Financial Planning, Inc.
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Service Professionals

Data Provided by:
Mr. Richard W. Luif, CFP®
(360) 336-9583
300 S 1st St
Mount Vernon, WA
Firm
KMS Financial Services Inc
Areas of Specialization
Asset Allocation, Estate Planning, General Financial Planning, Retirement Income Management, Retirement Planning, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Adam J. Faber, CFP®
(360) 293-2024
902 7th St
Anacortes, WA
Firm
Ameriprise Financial
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Long-Term Care, Retirement Income Management, Small Business Planning, Social Security Planning

Data Provided by:
US Bank - Sedro Woolley Office
(360) 855-1441
218 Woodworth St
Sedro Woolley, WA
Drive Up Hours
Mon 09:00 am to 05:00 pm
Tue 09:00 am to 05:00 pm
Wed 09:00 am to 05:00 pm
Thur 09:00 am to 05:00 pm
Fri 09:00 am to 06:00 pm

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?

;

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 ...

Click here to read more from Home Business Magazine

© Copyright 2013 Home Business Magazine. All Rights Reserved. Privacy Policy | Terms and Conditions
Infoswell Media