Business
Funding Consulting
It's
the most talked about feature of Management Consulting
and it's the very last thing you want to do.
We see
every kind of financial trouble that you can imagine. There
are people that aren't making a profit (and haven't for a while).
There are companies whose labor costs are so high that they are
drowning in payroll. We see companies that can't grow because
they can't buy enough raw materials (or, in some cases, finished
goods) to produce a sufficient amount of revenue. We even see
once profitable companies that are shriveling up to nothing because
their competition has just beaten them into the ground.
Would money
help these companies? The answer is EVENTUALLY. Pouring cash
into a failing enterprise is like pouring a glass of water onto
a dead tomato plant. When the plant is dead (or substantially
dying), a glass of water or two won't make much difference.
You know,
it's a funny thing about tomato plants. They're a lot like business
in some ways. What looks like a dead tomato plant may not be completely
dead. In a lot of cases, you can clear away the dead leaves, kill
and remove the weeds that are choking it, prune it to a proper
size and add some good plant food and the darned thing will
come right back.
So it is with
business. All of the good gardening needs to be done first. Drags
on the revenues need to cleaned out. "Dead wood" needs to be removed
from the picture. The company needs to be conditioned to be
able to function and then to grow. When all of that is done,
then you add the "go juice". With tomatoes, it's fertilizer. With
companies, it's money.
When the
company is in proper order, it is "bankable". By that I mean that
a bank will finance it. That is, by far the cheapest money
available (and it doesn't cost you any equity, either). That doesn't
mean that other funding sources aren't available too or that they
shouldn't be used. BTF has access to everything from the bank
down the street to venture capitalist and everything in between.
However, it is important to remember that when the business
is healthy, they need you as much as (or more than!) you need
them.
If you think
you're ready for funding now or would like help in getting to
that point, please click below to arrange a no cost interview
with one of our professional consultants. There is no obligation
and all BTF services come with the same guarantee.
YOU WILL
BE SATISFIED. 100% SATISFIED. OR YOU OWE US NOTHING. PERIOD.
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