Tag Archives: Finance

The Rise of the CEO Support Group

Posted on May 11, 2015 by asechmentor@gmail.com

ceo groups are a useful tool in the ceo’s toolbox Continue reading →

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Inside PayPal’s MicroLending Program

Posted on April 6, 2015 by asechmentor@gmail.com

You can put this one down under ‘who knew?’ Entreprepeur ran the summary of the PayPal program in their March issue, and it’s a revelation. Since launching the program, which is called Working Capital (we can’t even say how you access … Continue reading →

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The High Cost of Saving a Failing Business?

Posted on March 30, 2015 by asechmentor@gmail.com

Ya gotta love the Wall Stree Journal. They had a big article on March 26th on the high cost of saving a failing business, by putting it into Chapter 11, which might have amazed some, and scared some with the … Continue reading →

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Should You Drain Your 401(k) to Start a Business

Posted on June 27, 2014 by asechmentor@gmail.com

The short answer is, no. No because you shouldn’t put all your eggs in your business basket, because it could fail.  However, your 401(k) is a good source of funds. But, money.cnn.com ran a good article this week about using … Continue reading →

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Cut the False Advertising Prosper.com

Posted on May 29, 2014 by asechmentor@gmail.com

We are always looking for financial institutions that are actively lending to small business, as we define it, which is under about $5MM in revenues per year, because so few are. Even though these businesses account for over 50% of … Continue reading →

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Rating the Crowdfunding Platforms

Posted on January 23, 2014 by asechmentor@gmail.com

Entrepreneur in its print version had a useful article about a crowdfunding rating agency, if you will, called CrowdsUnite. We took a look at their site, and while not exactly a ratings agency, they did list 12 crowdfunding sites on … Continue reading →

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Business Crowdfunders Face Investor Liability Minefield

Posted on August 22, 2013 by asechmentor@gmail.com

Entrepreneur.com recently published a post on use of crowdfunding by businesses, which is a topic that’s really been underreported. Traditionally, if a business, whether startup or ongoing, wanted to attract investor capital, it had to comply with Securities and Exchange … Continue reading →

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The 10 Hardest Things About Running a Business

Posted on January 19, 2013 by asechmentor@gmail.com

the top problems faced by business owners every day Continue reading →

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The Biggest Credit Card Mistake Entrepreneurs Make

Posted on September 12, 2012 by asechmentor@gmail.com

Odysseus Papadimitriou, writing in entrepreneur.com has an interesting post, but he’s got several mistakes (not just one) in using credit cards that he outlines,all of which are pretty valid. We did a post on this topic a while back, but … Continue reading →

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How to Get the Dough When the Checking Account is Low

Posted on November 9, 2011 by asechmentor@gmail.com

I had lunch with one of my Solutons Forum clients today, and whose cash flow had dried up in the last couple of weeks. So, I thought I’d share some collection ideas with you: 1. Have the sales rep make … Continue reading →

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