FACT: According to the stats published by the Small Business Administration (SBA) “a big killer of small businesses is simply not having a sufficient fund to operate and maintain the business. Business owners consistently underestimate how much money is actually needed for daily operations especially in a competitive environment and an economy with ups and downs.
The result is that they are forced to close before they even have had a fair chance to succeed. Unfortunately, many business owners also may have unrealistic expectations for current revenues from sales.”
It's critical to figure out how much money your business will require; not only the costs of starting but also the true expenses of staying in business. Just remember that your business may take a year or two to get going. And beyond that, the lack of a long-term relationship with a business friendly funding source may make the difference between success and something less.
Talk to the staff at Gator Business Loans
today about building your business' future.
"Just got my Gator business loan. That is such a great relief. Thanks."
- B. Timbers, Sole Proprietor, Dania, FL
"Thank you so much for your good information. This is one of the best things I have acquired for my business."
- Y. Noh, Restaurant owner, Weston, FL
"I had a prior business and this was like déjà vu. I needed more money. So much of what you say is in line with the way I ran my bizz, but then I was shocked at how many things I did wrong last time. I’m so happy I listed to you and took the funding for my company."
- R. Tochi, HVAC owner, Coral Springs
"We were able to get a $50,000 unsecured business loan. Your methods work and our business rock because of you."
- D. Sorenson, Reptile Pet Store, Deerfield Beach, FL
"I was able to get the truck that I needed under my business. I would not have been able to do that without your help."
- J. Clark, Alarm and Security Company, Ft. Lauderdale, FL
"Thank you for being persistent and presenting the comprehensive business funding options to me. I found your insights to be very useful and straightforward from a been-there-done-that perspective. Glad I moved forward with the loan. It sure worked for me."
- N. Queenan, Specialty retail clothing, Hollywood, FL