This column was contributed by a association member.
If you accept a business or are planning to alpha one, you will, at some point be in charge of funding. With aggregate from grants to assorted types of borrowing options available, it can be difficult for a baby business buyer to actuate which best is best.
SCORE Bucks County, in affiliation with a aggregation of allotment experts, will present an advisory and alternate “Where’s the Money?” branch on Sept. 12 at Homewood Suites in Warrington.
“Most companies don’t anguish about allotment until it’s the aftermost minute,” SCORE Bucks County coach Seth Shapiro said, abacus that attendees will leave with a bigger compassionate of the assorted allotment options and which may be best-suited for their business. “Sooner or after you will appetite to accede starting your own business or accretion your business. Here’s a way to get acute about the fundraising options accessible to you.”
In a analysis of 50 SCORE audience who bidding absorption in the workshop, acquirements added about grants topped the list, carefully followed by micro lending, crowdfunding, angel investors and banks. In accession to those hot topics, speakers will accommodate a 10-minute-long overview of added allotment choices, including blackmailer financing, associate to peer, factoring, adventure capital, 401K rollovers and clandestine adjustment offers. Attendees will additionally be able to participate in blemish sessions of their best and will accept time to accommodated and allocution to speakers.
SCORE Bucks County coach branch organizer Don Brown, who will be discussing blackmailer financing, said that in accession to chargeless the best allotment option, entrepreneurs “need to be actual able-bodied prepared” and accept a completed business plan, costs plan, administration team, accepted barter as able-bodied as added abstracts in abode afore a lender will get austere about allowance to accounts the business venture.
SCORE mentors, through chargeless one-on-one counseling sessions, can advice business owners adapt aggregate bare to accommodated and assignment with lenders, he said.
The workshop, Brown said, is an befalling to “evaluate the mural of options and sit bottomward and alpha the conversation.”
To get the chat underway, Kevin Farley, a admission autograph and apprenticeship librarian at the Margaret R. Grundy Memorial Library will accommodate an overview of the admission appliance action and afford ablaze on what is bare to administer for and be advised for a grant.
Larry Poppert, of Poppert & Company, LLC who will be discussing micro-loans, has all-encompassing acquaintance in accounting, tax and business operations. He ahead served as a coffer controller, and was amenable for all banking reporting, tax compliance, and accident management, as able-bodied as animal resources.
Aaron DiCaprio, Esq., architect of fundraising alignment SupportLocalStuff.com, will altercate crowdfunding. Since its founding in 2009, SupportLocalStuff.com helps bodies actualize fundraising contest or campaigns.
Other speakers include:
· Sonia Smith of the Baby Business Administration
· Liz Sigety, Esq. of Fox Rothschild, will altercate angel investors and adventure capital
· Kim Tulio of Bucks County Bank
If you go
SCORE Bucks County will present its “Where’s the Money?” branch on Sept. 12 from 9 a.m. to 2:30 p.m. at Homewood Suites, 2650 Kelly Road in Warrington. Cost is $25, which includes lunch. The branch is chargeless to acceptance with a accurate apprentice ID. To annals or to apprentice more, bang here: http://form.jotform.us/form/52226941587159
The branch is actuality sponsored by SCORE Bucks County, Homewood Suites, Lower Bucks Chamber of Commerce and Upper Bucks Chamber of Commerce.
About SCORE Bucks County
SCORE Bucks County is a baby business counseling account that is a ability accomplice of the U.S. Baby Business Administration. With offices in Fairless Hills, Doylestown, Perkasie and Quakertown, SCORE provides chargeless counseling for bounded businesses. To apprentice added appointment https://buckscounty.score.org/ or bang actuality to get involved.
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