Financing Your Small Business

Licensing and Franchising

} Licensing ^ Franchising } Business Opportunities

There are ways of growing your business that use neither equity nor debt financing. Those methods include licensing your product or franchising your operation. The manner in which to engage in these activities is beyond the scope of this book, but some background is useful as you plan for the future.

Financing Your Small Business

Limited Liability Company Formation Documents

If, after consultation with your professional team, you decide to form a lim­ited liability company, you will need to file Articles of Organization with the state and draft an internal …

Corporation Formation Documents

After consulting with your professionals, you will most likely need to form an entity to raise capital. Most entrepreneurs will form either a corporation or a limited liability company. This …

Business Plan

As part of your business strategy, planning, and feasibility analysis, you will commit your plan to paper. The document produced is typically called a business plan. The purpose of a …

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