What makes this article great is not only its inciteful synopsis of the 7 ways to finance, but also the breakdown of each one including advantages and disadvantages. According to Mr. Mielach, the 7 ways to finance are...
- Small Business Administration Loan
- Friends and Family
- Home Equity Loan
- Credit Cards
- Angel Investors
- Venture Capitalists
- Strategic Investors
The only one he may have missed, is of course financing the purchase of an existing business through use of retirement funds. Other than that, this is a great read for both buyers and sellers alike to educate themselves. It is definitely worth a read.
Click here to read the full article.
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