Startup Financing Yelm WA

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

Mr. Walter L. Harrison, CFP®
(360) 400-7526
PO Box 2869
Yelm, WA
Firm
Financial Partners, Inc.
Areas of Specialization
Employee and Employer Plan Benefits, Healthcare Planning, Insurance Planning, Investment Planning, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. William B. Pilkey, CFP®
(360) 412-4039
7223 20th Ave SE
Olympia, WA
Firm
Pilkey Financial Planning Services

Data Provided by:
Mr. Richard M. Millar, CFP®
(360) 352-9560
611 Columbia St NW, #2D
Olympia, WA
Firm
Dempsey Financial Services, In
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Planning, Securities
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Stephen D. Cush, CFP®
(360) 943-2500
300 Deschutes Way SW, Ste 106
Tumwater, WA
Firm
Raymond James Financial Serv
Areas of Specialization
Investment Planning

Data Provided by:
Mr. Andrew Prentice, CFP®
(360) 754-0490
2407 Pacific Ave SE Ste A
Olympia, WA
Firm
Bliss Investment Group
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, General Financial Planning, Investment Management, Investment Planning, Retirement Income Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Mr. Gary D. Pollock, CFP®
(253) 843-0338
27911 8th Ave E
Spanaway, WA
Firm
Sammons Securities

Data Provided by:
Ms. Nancy J. Lapointe, CFP®
(360) 402-3200
4520 Intelco Loop SE Ste 1E
Lacey, WA
Firm
MetLife

Data Provided by:
Brian J Cockrell, CFP®
(800) 843-7564
724 Columbia St NW Ste 350
Olympia, WA
Firm
Morgan Stanley Smith Barney
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $500,001 - $1,000,000



Data Provided by:
Ms. Candice E. Mills, CFP®
(360) 923-4523
1020 5th Ave SE
Olympia, WA
Firm
TwinStar Financial Advisors

Data Provided by:
Mr. Mark T. Haller, CFP®
(360) 701-3679
1201 37th Ave SE
Olympia, WA
Firm
Mark Haller, LPL Financial
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Planning, Life Transitions
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
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?

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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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