I have four very special treats for you in this issue of
my newsletter. Please keep reading...
My newest article is called, "39
Reasons Why Businesses of Every Size Should ALWAYS Be
Ready to Seek Capital".
A list of appearances where I will be giving a
presentation entitled, "Practical Capital-Raising
Strategies for Start-ups and Small Businesses".
Information on how you can sign up to get a pre-release
copy of my latest e-book on funding and e-course on
An invitation to attend a free tele-seminar I am
giving with Laura Orsini, of eBook Essentials on "Building
Credibility Through Publishing".
39 Reasons Why Businesses of Every Size
Should ALWAYS Be Ready to Seek Capital
by Allan Sabo
Imagine this scene: You've just hung up the phone with a prospective client who intends to retain your firm or purchase a quantity of your product that would increase your annual revenues by better than 50 percent.
The client is not shopping, meaning the project or sale is yours, unless you create a reason to lose it. Financially, your business has been growing, but you're already stretched a little thin from upgrading your computer systems and putting down that deposit on some new equipment.
You're ecstatic at the prospect of landing this client - the exposure alone is priceless! This is the big break you've been praying for that will catapult your business to the "next level." You ponder
what such an opportunity would mean for you, personally - allowing yourself that long-deserved raise, getting your son the braces he needs, and treating yourself and your spouse to a full
2-week Hawaiian vacation.
like a cold splash of water on your face, you wake up from
your daydream, as a flood of fears begins to pour through
you. Your mind reels with thoughts like:
to need to get that $5,000 certification Iíve been
to add a part-time assistant for $2,000 a month.Ē
ďOh, and then
weíre going to need a larger space ó that will run
$3,000 for the move and $600 a month in additional
You have 72 hours to accept the contract. The downside, or risk, of
accepting a sizable contract with such a high-profile
client is that, should you fail to perform or deliver, you
would lose your fees, plus be liable for an expense
reimbursement to the client that could cost you as much as
$50,000. You must also factor in that your first payment
on the dream contract is three months away.
your mind rushes . . . you calculate
the costs and how youíll pay for it all. Youíre going
to need at least $17,600 (curtailing your benefits to the
bare bones) ó and thatís leaving little room for
You want to capitalize on this opportunity, but to do so
would constrict your cash flow so much for the next few
months that you might not survive to reap the benefits of
You Be Ready?
No one wants to get caught in this situation, but sadly,
it happens more often than you might realize. And the
worst part of all is that it doesnít have to happen, if
you make a strategic plan ahead of time! As long as
youíve laid the proper foundation, there are many
sources of capital you can turn to, regardless of the type
of business youíre in.
you laid the
groundwork to raise the funds your business will need when
that golden opportunity emerges? Will you be able to react
and take advantage of a seemingly miraculous chance to
grow your business in a huge way?
the business ó whether youíre a consultant, a
freelancer, an independent rep, an Internet business, a
franchise, a distributorship, or any other kind of
business you can imagine ó opportunities are lost every
day when business owners are not prepared to respond
because they failed to adequately prepare.
is all about planning ahead. Itís not necessarily about
having money to spend on your business right
now; rather, itís about being able to put your hands
on money, at a momentís notice, to fulfill a large
contract, order, or other fiscal need.
What Could Additional Capital Mean
to Your Business?
capital doesnít have to be relegated to
once-in-a-lifetime opportunities. There are lots of other
reasons to raise additional funds that could propel your
business forward in a big way. For example, you could:
Provide additional training for your staff
Complete or update special certifications
Attend seminars or workshops in your field
ó or a related field
Go back to school for that advanced degree
Take a class
Hire additional personnel
Outsource some of the work thatís
bogging you down
Hire specialized consultants
Hire expert freelancers
Invest in trusted advisors
Strengthen your management team
Upgrade your product
Create a new product
Open a new distribution channel
Explore international opportunities
Open a new location
Relocate your business
Move into a larger office/space
Renovate your office/space
Buy your own building
Change your business focus
Create or purchase a franchise
Create or purchase a license
Protect your intellectual property
File for a trademark
File for a patent
Get legal help to review contracts
Update your computers
Build a better Web site
Develop custom software
Upgrade your technology
Purchase new equipment
Invest in a fireproof safe
Improve your marketing
Purchase brochures and other marketing
Increase your public relations efforts
Test alternative advertising channels
Sponsor a community event
Support a local charity
Mistakes to Avoid
make the mistakes most business owners make by either
seeking far more capital than their ventures warrant, or
thinking they donít need any capital at all. You donít
have to use the funds immediately, but you must have a
clearly identified source, should the need arise.
a super opportunity arise for you, take some time to
thoroughly consider the consequences. Donít say no out
of hand, but donít accept it in haste, either. Make sure
you spend some time determining whether you are
realistically positioned to complete the contract. The
thing is, it doesnít matter how good the offer is ó if
you canít fulfill your end of the deal, no one wins.
Learn How to Find Funding
you think your business could benefit from additional
capital but youíre not certain where to go for funding
or how much is appropriate to seek, then you are
encouraged to attend my FREE
tele-seminar on Monday evening August 22,
where I will offer ďPractical Capital-Raising Strategies
for Start-ups and Small Businesses.Ē
register, please send an e-mail to
hard to build your business to this point. Come learn how
to make it even better by securing the funding before
you need it!
I will be giving a
presentation entitled, "Practical
Capital-Raising Strategies for Start-ups and Small
Businesses". Learn the insider secrets of the capital markets and how to use these secrets to help you secure funding.
Attendees will walk away with these valuable tips:
What is the most common mistakes made by entrepreneurs seeking capital
What investors really want, besides a return on investment
How to make your company so attractive investors will seek you out
What source of capital is the most overlooked, yet easiest to secure
How to exponentially increase your odds of securing capital
August 22 - ALTI
Success Strategies is hosting a FREE tele-seminar
on Monday evening.
For more info and details of how to attend this free tele-seminar, please send an e-mail to
Listen to my AUDIO
Are You Seeking Capital To Fund Your Dream Business? Sign-up for the
PRE-RELEASE of Allan Sabo's comprehensive e-Book,
"Practical Strategies To Fund Your Dream
Business" and companion audio narrative with interviews and downloadable workbook. Sign-up
to get your exclusive chance to purchase an advance copy at a substantial discount. This is a must have tool, with must read info - Sign-up for your copy TODAY!
Your Business By Sharing The Work!
Ever been torn between consultants, service providers, freelancers and hiring?
Do you know the difference? Do you know which one is better for your business?
"Share the Work, Grow
Your Business: Inside Secrets for Retaining Expert
Consultants, Freelancers and Agencies for Your Small
Business" is comprehensive e-course that will forever change how you look at consultants, service providers, agencies, freelancers and hiring your own talent.
to get your exclusive
purchase an ADVANCE PRE-RELEASE copy of
this e-course at a significant savings.
as a Published Author
to effectively promote your business. Register for our free
tele-seminar: "Building Credibility Through
Publishing" and get a very special gift worth $250.
to sign-up for the tele-seminar. If your thinking of
writing and wondering how to get published, even if you
only write articles, perfect for those who know nothing about publishing and don't like to
write - this is a must-attend event!
always, it is a pleasure to help you grow your business.
ALTI Success Strategies
Grow - Profit - Prosper