Your business plan is an important tool in your efforts to raise capital. It can be used by potential lenders and investors to evaluate your business and its prospects. Here are some tips to help you, through your business plan, make your case as effectively and compellingly as possible.
First West Capital has financed many fast-growing companies, but according to a recent StatsCan study, highly profitable firms have a greater chance of reaching success than firms that grow too quickly. There are three recurring themes present in companies that have achieved, and sustained, growth rates in excess of 10% per year, while maintaining profitability and securing the financing required. Continue Reading
If slow growth is the new norm, how can you continue to expand your company?
Many business owners face challenges in figuring out how to expand their businesses in our uncertain and slow growth economy, and it’s a challenge that’s likely to continue with the persistent global financial problems. Continue Reading