Tag: partnership
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Bank Loans versus Investors: Weighing the Options of Start-up Capital
Posted On: March 22, 2021 by Falcon National Bank in: Manage your Business | Business Banking
When you are younger and need some spare money to fix your car or pay an unexpected bill, you might borrow money from your family or get a part-time job. When a new business needs start-up capital to get on their feet, the options are much more deliberate and thoughtful. There are two main options when earning capital to start a business: taking out a business loan from a financial institution or partnering with an investor. Of course, there are benefits and drawbacks to each option. Borrowing...
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Building a Care Team for your Small Business
Posted On: November 25, 2020 by Falcon National Bank in: Manage your Business | Business Banking
Every small business needs a team of experts to get their business off the ground and keep it running smoothly. Having professionals in your corner will give you the confidence and resources to succeed. These are the business all-stars that are necessary–if not fundamental–no matter your business. A Lawyer First and foremost, you will need a trusted lawyer in your corner. Starting and running a business (especially if it is your first time) presents legal hurdles you likely haven’t...
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