If you were to ask me my profession, I would have to say serial entrepreneur.  I buy and sell businesses for a living, and it is one of the most exciting things I can think of doing ith my life.  I also occasionally consult with new businesses.  One consultee I spoke with wanted to start a small retail company, and they sat down with me to discuss the venture.  This person proceeded to tell me about their venture and eventually told me about their financial request:

Me: What are your start-up costs

Client: About $150,000.00 Dollars

Me: Do you have that itemized in your business plan.

Client: Not yet, I have it all in my head, I know how everything will be laid out.

Me:  When do you need the funding.

Client: In about 30 days.

Me: What will you do if you don’t get the funding in 30 days?

(silence)

I’m going to have to stop the story there, but only to make my point.  Most people I speak to are looking for funding(through business credit or peronsonal credit), and there is never a problem with that, all small businesses need financing.  The main issue is that most business owners don’t give nearly enough time for the financing that they need.  I often wonder why so manysmall business owners fall for the promises of some companies that say they can get $100K+ in funding in as little as 2 weeks.  I wonder why business owners are so excited to give all of their private information to a company that they have information on, or find in a Craigslist ad, or an online forum. Times are hard and I know that many peopel are getting desperate. Business credit can become your funding option of choice but it takes time in most cases.

- marc

http://www.officemax.com/home/custom.jsp?id=m280004

Thats the site

Hopefully CITI or GE will back them.

Marc

I am also almost done with shelf corp secrets. Just finishing up the images and explanations. This will be an expensive ebook(more than $500) but when you get it you will have all the tools ot go out and get shelf corps and way reduced prices,

Marc

This should be a lesson to all of us, the companies are getting tighter. I was even chatting with a reader online tonight and he said that exxon required a pg. When i looked at his file, he had 5 trades, $100 high and Inc’d in 08. A year ago that will be enough to get $2000 from exxon but you can see that business credit is getting harder to get, but shelf corp secrets will be here soon and it will deliver you from all this hardship.

Marc

Marc

mike

if any of you need to get the book, the price will be changed to $79 as off saturday so get it while its hott…lol… also, those of you who purchased the book, i am settin gup a referal system for you to refer people and u can make $20 per referal

look out for it

mike

I hope you enjoy. If you have any issues, feel free to email me at mike@mybusinesscreditblog.com. I am still working on the glitches with the site so I am offering it here as may people have requested.

- Mike