Archive for funding SmartBlogs
A sudden, unexpected shortage of funds can be enough to sink a fledgling company. In fact, more businesses fail because of a lack of working capital than any other reason, The Receivables Exchange CEO Nic Perkin said. In recent years, this roadblock has become particularly perilous for small businesses as the recession forced banks to curtail lending and caused investors to become more hesitant.[…] Continue Reading »
This guest post is by Rajesh Chandy, a professor of marketing at London Business School, and Om Narasimhan, a professor of marketing at the University of Minnesota’s Carlson School of Management.
Entrepreneurs have always been heroes; fearless leaders who build something from nothing, often turning their ideas and passions into multimillion-dollar enterprises. We immediately think of the quintessential success stories; the “rock stars” of the business and entrepreneurial world who have skyrocketed their companies — Richard Branson, Bill Gates, Mark Zuckerberg and Ralph Lauren.[…] Continue Reading »
The International Franchise Association brought together bankers, politicians, government officials and franchise leaders for a Small Business Lending Summit April 7 in Washington, D.C., in an effort to work toward solutions to the obstacles that franchisees and other small-business owners are encountering in getting the loans they need to start up and grow. As part of the summit, high-achieving franchisors and franchisees talked about what they love about franchising and how the business model helps turn people into successful entrepreneurs.[…] Continue Reading »