ll archives: Let's Talk About Small Business Financing
We’ve teamed up with our friends over Bond Street to present a video series on financing for ladypreneurs. Check in every other week for a new video on how you — as a creative entrepreneur — can take advantage of small business loans to grow your business. Running a business is no simple task. However, if you are extremely passionate about your product, service, or craft, it makes taking on such a challenging endeavor undoubtedly worthwhile. That doesn’t mean that you won’t encounter some good, some bad, and inevitably some ugly — whether that’s an all-nighter filing taxes, hiring and firing, or the headache of negotiating a commercial lease. Tack on the fact that you’re female, and discrimination, stigmatization, and an even higher degree of doubt (if that’s possible) become additional obstacles to circumvent. But perhaps the most ominous, yet unavoidable, task of running your own business is the pressure to make the right financial decisions for your labor of love. Debt financing or equity financing? Lines of credits, merchant cash advances or term loans? When you’re looking to take your business to the next level, this is the type of terminology that enters the conversation — but, how do you know which option is right for you?
Well, we created a course to make it at least a little bit easier. We’re simplifying the complex world of finance into something human — something you don’t have to love, but you certainly don’t have to hate — and something you can actually understand. So, join us as we dive into the wonderful world of small business financing.