Startup Financing Steubenville OH

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

Mr. Donald R. Materniak, CFP®
(740) 284-5802
1235 University Blvd.
Steubenville, OH
Firm
Franciscan University

Data Provided by:
Mr. Richard J. Desman, CFP®
(304) 723-5018
PO Box 2509
Weirton, WV
Firm
Horizon Financial Group

Data Provided by:
Chase Bank
(740) 283-8463
401 Market St
Steubenville, OH
Type
Freestanding
Office Hours
Mon:8:30-5:00
Tues:8:30-5:00
Wed:8:30-5:00
Thurs:8:30-5:00
Fri:8:30-5:00
Sat:8:30-12:00
Sun:closed

US Bank - Toronto Office
(740) 537-2438
217 N 3rd St
Toronto, OH
Drive Up Hours
Mon 09:00 am to 04:00 pm
Tue 09:00 am to 04:00 pm
Wed 09:00 am to 05:00 pm
Thur 09:00 am to 06:00 pm
Fri 09:00 am to 06:00 pm
Sat 09:00 am to 01:00 pm

US Bank - Hopedale Office
(740) 937-2112
157 E Main St #159
Hopedale, OH
Drive Up Hours
Mon 09:00 am to 04:30 pm
Tue 09:00 am to 04:30 pm
Wed 09:00 am to 04:30 pm
Thur 09:00 am to 04:30 pm
Fri 09:00 am to 06:00 pm
Sat 09:00 am to 12:00 pm

Nikolas A Kamarados, CFP®
(304) 748-3156
929 Main Street
Follansbee, WV
Firm
Prudential Financial

Data Provided by:
Chase Bank
(740) 283-8400
147 Main St
Wintersville, OH
Type
Freestanding
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-2:00
Sun:closed

US Bank - Smithfield Office
(740) 733-7400
1210 Main St
Smithfield, OH
Drive Up Hours
Mon 09:00 am to 04:00 pm
Tue 09:00 am to 04:00 pm
Wed 09:00 am to 04:00 pm
Thur 09:00 am to 04:00 pm
Fri 09:00 am to 05:00 pm
Sat 09:00 am to 12:00 pm

US Bank - Brilliant Office
(740) 598-4983
901 3rd St
Brilliant, OH
Drive Up Hours
Mon 09:00 am to 04:00 pm
Tue 09:00 am to 04:00 pm
Wed 09:00 am to 04:00 pm
Thur 09:00 am to 04:00 pm
Fri 09:00 am to 05:00 pm
Sat 09:00 am to 12:00 pm

US Bank - Yorkville Office
(740) 859-2153
100 William St
Yorkville, OH
Drive Up Hours
Mon 09:00 am to 04:00 pm
Tue 09:00 am to 04:00 pm
Wed 09:00 am to 04:00 pm
Thur 09:00 am to 04:00 pm
Fri 09:00 am to 05:00 pm
Sat 09:00 am to 12:00 pm

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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