Avoid Startup Funding Blunders for a Clear Cash Flow Path - Small Business Solutions from Denise O'Berry

Avoid Startup Funding Blunders for a Clear Cash Flow Path

What’s the biggest obstacle for most small business owners? Here’s a hint — it comes in only one color and has faces on it. Yep, you’re right. It’s money.

Not just start up cash, not just revenue, but cash flow. Getting cash to get started and cash to keep going. You can’t have a successful business without it. Here are four funding traps you could run into when trying to raise that all important green for your business.

  1. Not raising enough capital.
  2. Risking everything you own.
  3. Borrowing from friends and family.
  4. Failing to keep good records.

There are plenty of land mines in starting a business. If you have had cash flow problems in your personal life, it could be an obstacle for you too. Your personal credit worthiness makes a difference when it comes to securing funding for your business.

Learn more about the pitfalls by reading The Six Biggest Mistakes In Raising Startup Capital.

If you need help getting and keeping more cash in your business, pick up a copy of my book Small Business Cash Flow: Strategies for Making Your Business a Financial Success

About the Author Denise O'Berry

Hello! I'm Denise, Your Strategic Partner -- Let me guess. You bought into the hustle, hustle, hustle vibe and now you're on the brink of burnout. You keep setting your alarm for earlier in the day, but don't gain anything from it -- except bleary eyes and frustration about how little you've accomplished at the end of the day. I get it. I've walked in those shoes and they aren't a good fit for anyone. Let me help get you where you want to go without all the stress and frustration.Click here to learn more.