Coverage of the earliest stage of a company: proving demand, choosing a legal structure, setting terms with a first customer, and raising money from banks, grants or revenue instead of investors. Written for people starting a business alongside a job, and for the advisers guiding them.
The Federal Reserve left its benchmark rate unchanged on July 29, keeping SBA 7(a) borrowing pinned to a 6.75% prime rate and leaving open the chance the next move is up, not down.
Venture money buys speed with ownership and control; bootstrapping buys independence with time — the honest comparison is priced in years and percentage points.
Before you sign anything, the franchisor owes you a 23-item disclosure document, on a clock — and the parts that matter most are items 5, 6, 7, and 19.