Funding Your Business Growth

Regardless of how much money your business needs, there are only two ways to get it. You business can either borrow the money through debt or you can trade the ownership of the company through equity funding. Whether you use one or the other or both to raise the money your business needs for growth, it depends on your personal preference for control, the type of assets your business has, the type of activities your business is funding, and the cost of each funding option. If your company's operational expansion relies on the purchase of certain real estate or heavy equipments, and preservation of control is your concern, then your business can consider financing its growth through leases or loans backed by the asset itself. However, by issuing equity for money, you can potentially increase your business's creditworthiness even though you have to reduce some of your ownership in the business. And of course, you can always fund your business through a combination of debt and equity that maximize growth. But however you want to structure your funding mix, the principle of matching always rules: short-term loans for short-term needs, long-term loans or equity for longer-term needs.

At Starr Judson & Co.,LLP, our experienced Certified Public Accountants will examine your business operation to help you explore the various funding option and identify one that will best match your business's need. We will conduct cost analysis on the various funding option available so you can make a better decision on selecting an option that your business can better afford. At the end of the day, regardless of which funding option your business is pursuing, a well presented financial statements and budgets made available to lenders and potential investors is key to make or break your financing deal. With the help of our CPAs, we will help you prepare and present financial statements that can best reflect your business potential and that makes the most sense to the lenders and investors.

Securing funding for your business is not an overnight venture. It requires meticulous calcuations and preparation. Successful businesses don't wait for the moment when they are cash stranded to start looking for extra funding. Instead, they make sure that various sources of funds are available for them to tap into when they need it. So, don't wait, call us now and let us help you get prepared. It takes a strong business to structure strong financing and it take good accountants like us to help you know your numbers that are so important in sealing any deal.