Startup Financing Summerville SC

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

Mr. Paul S. Bolen, CFP®
(843) 875-2133
810 Travelers Blvd
Summerville, SC
Firm
Cornerstone Financial Strategi
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Not Applicable

Data Provided by:
Mrs. Nancy C. Stice, CFP®
(843) 875-2133
810 Travelers Blvd Ste A1
Summerville, SC
Firm
Intervest Intl Equities Corp
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Debt Management, Estate Planning, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Robert H. Cheyne Iii, CFP®
(864) 354-0042
106 Covey Rise Ct
Summerville, SC
Firm
Prudential Financial, Inc.
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Elder Care, Employee and Employer Plan Benefits

Data Provided by:
Mr. Benjamin D. Coakley, CFP®
(843) 873-4420
10570 Dorchester Rd.
Summerville, SC
Firm
Waypoint Strategic Advisors
Areas of Specialization
Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Disaster Recovery, Education Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Travis Moore, CFP®
(843) 875-2133
810 Travelers Blvd Ste A1
Summerville, SC
Firm
Intervest International Equities Corp.
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Education Planning, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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



Data Provided by:
Mr. Larry P. Weatherford Jr., CFP®
(843) 821-8216
100 South Main Street, Suite N
Summerville, SC
Firm
Weatherford Financial Group
Areas of Specialization
Business Succession Planning, Estate Planning, General Financial Planning, Insurance Planning, Investment Management, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. M. Todd Davenport, CFP®
(803) 851-1840
210 S Cedar St
Summerville, SC
Firm
EDWARD JONES

Data Provided by:
Mr. Sean M. Bennett, CFP®
(843) 821-3009
121 S Cedar St
Summerville, SC
Firm
Asset Integration Consultants
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Elder Care, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Mr. Matthew Scott Coakley, CFP®
10570 Dorchester Rd
Summerville, SC
Firm
Waypoint Strategic Advisors, LLC

Data Provided by:
Mr. Jerry A. Koebel, CFP®
(843) 851-1130
1510 Old Trolley Rd Ste 200
Summerville, SC
Firm
KOEBEL Investment & Financial Services
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

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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