Startup Financing Shippensburg PA

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

Ms. Phyllis A Nye, CFP®
(717) 530-2608
PO Box 250
Shippensburg, PA
Firm
Orrstown Financial Advisors
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Ms. Betty Lou Carver Hawbaker, CFP®
(717) 261-1557
PO Box 364
Chambersburg, PA
Firm
AXA Advisors LLC

Data Provided by:
Mr. Alfred Smith, CFP®
1108 Kennebec Dr
Chambersburg, PA
Firm
Merrill Lynch Group, Inc.

Data Provided by:
Mr. Thomas C. Tucker, CFP®
(717) 267-1426
425 Phoenix Dr
Chambersburg, PA
Firm
Tucker Financial Services Inc
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Investment Management, Investment Planning

Data Provided by:
Mr. Harold J. Beshaw, CFP®
(717) 572-6120
1134 Kennebec Dr
Chambersburg, PA
Firm
Rotz & Stonesifer Financial Services, LLC
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Elder Care, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning

Data Provided by:
Mr. Michael W Peterson, CFP®
(717) 267-1426
425 Phoenix Drive
Chambersburg, PA
Firm
Tucker Financial Services, Inc.
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Insurance Planning, Intergenerational Planning, Investment Management, Investment Planning, Long-Term Care
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided by:
Ms. Denise B. Barrows, CFP®
(717) 267-3572
239 Lincoln Way E
Chambersburg, PA
Firm
The Barrows Sollenberger Group
Areas of Specialization
Accounting, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Employee and Employer Plan Benefits
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Kevin T. Shoemaker, CFP®
(717) 491-2438
861 N Franklin St
Chambersburg, PA
Firm
Personal Money Management, LLC
Areas of Specialization
Banking, Budget Development, Comprehensive Financial Planning, Debt Management, Disaster Recovery, Education Planning, Estate Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Charles E. Nelson, CFP®
(717) 262-1019
2011 Scotland Ave
Chambersburg, PA
Firm
Menno Haven Inc.

Data Provided by:
Mrs. Anne S. Johnson, CFP®
(717) 658-5643
6111 Fairway Dr W
Fayetteville, PA
Areas of Specialization
Charitable Giving, Divorce Issues, Estate Planning, Legal Advice, Tax Planning, Women's Finances

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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