Financing Your Small Business (Paperback)

~ James Burk (Author), Richard P. Lehmann (Author)

Editorial Reviews

Product Description

Financing Your Small Business gives you a sequence for raising capital, shows you ways to combine various types of financing and goes beyond the programs and techniques by teaching you how to get the money you need.

Learn- -How to get a bank loan -How to make a better presentation -How to get attention with your business plan -How to determine your investor's status -How to choose professionals -How to value your business

Look at just some of the methods and programs covered by Financing Your Small Business.

-Bank Loans -SBA Loans -Retirement Funds -Factoring -Revenue Participation -SBIC Financing -Stock Offerings -Warrants -LLC and LP Interests -Venture Capital Sources

When it comes to your chances of receiving financing and doing it right, Financing Your Small Business shows you all the ways to get the money you need.

About the Author

James E. Burk has been in the private practice of law for over thirty years helping emerging companies in their initial stages of organization and growth. He also assists both domestic and international clients with business matters relating to corporate issues, venture capital financings, securities, and franchise law. He lectures nationally on numerous entrepreneurial legal topics and is the coauthor of How to Start a Business in Maryland, Virginia or the Disctrict of Columbia.

Mr. Burke is a graduate of the University of Texas at Austin Law School and is a member of the bars of District of Columbia and Texas. Richard P. Lehmann assists clients with a variety of business matters including corporate issues and securities law. He has worked for the United States' Treasury Office of Technical Assistance as a Program Analyst. There, he provided countries of Eastern Europe and the Former Soviet Union with assistance in developing sound financial policy in the areas of tax, government securities, budget, financial institutions, and enforcement.

Mr. Lehmann is admitted to practice in the Disctrict of Columbia, Virginia, and Minnesota.

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Product Details

• Paperback: 248 pages
• Publisher: Sphinx Publishing (October 2004)
• Language: English
• ISBN-10: 1572484500
• ISBN-13: 978-1572484504
• Product Dimensions: 8.9 x 7 x 0.8 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 4.5 out of 5 stars  See all reviews (6 customer reviews)
• Amazon.com Sales Rank: #1,525,709 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

5.0 out of 5 stars Solid Introductory Book for Financing a Business, January 16, 2005

By	Wayne L. Wiemerslage "attorney at law" (Fort Collins, CO, USA) - See all my reviews (REAL NAME)

This is a good introductory book valuable for people who need financing when starting or running a small business. It covers important topics for obtaining financing in a very readable manner. It provides good advice, such as, "Keep your options open until the deal is done and do not forget to plan an exit strategy...." and then lists several exit strategies. The authors give advice on when to have a limited liability company run by its members or run by a board of managers, what one of the purposes of writing a business plan is (hint: it's not just for running the business), and also provides a business start-up checklist. There is a sample business plan and sample formation documents for a corporation and for a limited liability company. The authors discuss how to offset any lack of depth on the management team. The chapter on Equity Financing tells the business owner what the potential investor will be looking for in deciding whether to invest. Advice is given on debt financing, and includes website addresses of various government sources. The Securities Law chapter covers a complicated area broadly without getting too deep for the reader. The book concisely explains the difference between licensing a product and franchising a business. The authors describe eight different types of angel investors, how to target them for the current needs of the business, and lists what factors angel investors and venture capital firms may use in evaluating a business.

The book is not a substitute for having the advice of an attorney during start-up and during financing, but it contains very useful information that will make the reader more knowledgeable in growing the company. This book would also be a very good gift for someone who is considering whether to start a business.

4 of 4 people found the following review helpful:

5.0 out of 5 stars The definitive book, November 14, 2004

By	Robert Johnson "Business Consultant" (San Jose, CA USA) - See all my reviews (REAL NAME)

This is the most complete and comprehensive book I've ever read on the subject of financing a small business. Not only does it cover some real funding alternatives (with pros and cons) but it tells you how to do it as well. It's a must read for every small business person

I especially like the way the book is organized so I can find what I need and refer back to it easily. It should be part of every entrepreneur's reference library.

1 of 1 people found the following review helpful:

5.0 out of 5 stars Learn the Basics. Then Consult With Your Lawyer., December 7, 2007

By	Indispensable Marketing Strategies author Pau... - See all my reviews

This review is from: Financing Your Small Business: From SBA Loans and Credit Cards to Common Stock and Partnership Interests (Paperback)

If you are planning to start a new business, you will likely need to obtain financing. Where will you obtain it? The sources of financing available to you will depend partly on how you set up your business. A lawyer can help you set up your business in the most advantageous way possible.

Your first meeting with your lawyer will be more productive if you already have a basic awareness and understanding of the choices you can make. That is where this book can help. After reading it, you should feel more confident in meeting with your lawyer, you should have a better idea of what questions to ask, and you should be better able to understand your lawyer's suggestions.

Apart from the example documents provided in the appendixes, this book does not delve into a lot of complex details. This is not a do-it-yourself book. Instead, this book keeps things nice and simple, offering an easy-to-read introduction to the basics of setting up and financing your business. By helping you communicate more effectively with your lawyer, this book should help you achieve better results. And if it expedites your legal consultations, it could save you the cost of the book many times over.

Paul Francis Musgrave, author of Indispensable Marketing Strategies - How to Outwit Your Competition, Attract and Retain Customers, and Multiply Your Profits - Marketing Strategy Secrets for Profitable Small Business Management