SmallBusinessNewz

Finance Site Helps Businesses Raise $25 Million

Microfinance platform for small business, 40billion.com, said today it has passed  $25 million in funding requests.40billion.com also announced the appointments of Daniel Pugh as chief operating officer and Brent Wadman as vice president & general counsel.

Raising Capital in 2010

For startups, 2010 brings a whole new era to fund-raising. While the economic crisis appears to be subsiding, it is still a long way from being completely over. Fortunately for entrepreneurs, there is still money out there. The caveat however, is that their approach in obtaining funding has changed.

Having Trouble Funding Your Startup?

The current economic downturn could be quite depressing for an entrepreneur trying to start a business. With unemployment on the rise, business optimism down, and startup capital being scarce, it is no wonder entrepreneurs are struggling. There is however, hope for entrepreneurs truly committed to opening a business, but they have to use a little creativity.

Business Plan Has Zero Value for Attracting VC Funding?

Here's some information that is likely to stir some debate. Researchers from the University of Maryland's Robert H. Smith School of Business are saying that business plans are virtually useless. They claim that a business plan has zero value as a fundraising tool and that entrepreneurs should be perfecting their businesses rather than spending hours refining how their plans look on paper.

Need Funding But Bank Says No?

Have you recently been rejected for a loan from the bank? Although it is to be expected considering the current credit crunch, it's still discouraging when you're trying to keep your business in business.