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Additional info for Business Owner's Guide to the Internet: How to Build a Strong Web Presence for Your Business
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Many professionals would be glad to help you through the process for a fee. However, in our experience, Internet businesses often need financing, either as a start-up or an expansion of an already existing business. We therefore include this survey of topics that will familiarize you with the broad outlines of the financing landscape, focusing on subjects most closely related to the Internet entrepreneurial arena. Depending on your circumstances, you may need to evaluate several options for financing your Internet business.
Cash flow statements. This should include timing and amounts of investments required. • Balance sheet. A list of assets and liabilities of the company at a particular moment in time, usually at the end of a financial reporting period (such as end-of-quarter or end-of-year). QUICK Tip Good business plans contain certain key elements. They also contain the personal voice of the founder or founders. Professional business plan writers can be hired to help with this task; however, if you do take that route, make sure your voice comes through the rhetoric.
Qxd:Small Business Start-Up Guide 42 3/25/08 9:25 AM Business Owner’s Guide to the Internet Before considering any investments, investors and lenders will want to examine your plans for starting or expanding a business. This calls for a business plan to be written. A written plan demonstrates that you have thought through all aspects of the challenges the business will face, and it lets potential investors review and discuss those items. It also allows you to capture ideas from various readers who may provide valuable insights on tactics and strategies.