Venture Capital Poughkeepsie NY

This page provides relevant content and local businesses that can help with your search for information on Venture Capital. You will find informative articles about Venture Capital, including "10 Tips On Estimating Business Start Up Costs" and "How To Finance A Business Startup". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Poughkeepsie, NY that can help answer your questions about Venture Capital.

CMS Consulting Services
164 Guilford School House Road
New Paltz, NY
Petro McCrum Consulting, LLC
(845) 566-0391
1662 Route 300, Suite 126
Newburgh, NY
Georgesan Shareholder
(212) 805-7000
17 State Street
New York, NY
(800) 606-9365
Long Island
Nassa County, NY
Entrust Cash Advance
(877) 760-9226
263 West 38th Street, 13th Floor
New York, NY
Prices and/or Promotions
Merchant cash advance

Christina Bark, Business Advisor
(845) 332-0886
P.O. Box 986
New Paltz, NY
Amherst Tech Ventures LLC
(716) 741-4852
9360 Hunting Valley South
Clarence, NY
MCR Properties
(315) 882-4710
1629 State Route 173
Chittenango, NY
Alex Kustanovich
(347) 673-8831
Bay Parkway
Brooklyn, NY
Luel Restoration Studio
(347) 673-8831
Bay Parkway
Brooklyn, NY

10 Tips On Estimating Business Start Up Costs

Many business owners do not accurately estimate start up costs for their business. At the very least, this can cause the business owner quite a bit of stress. At the worst, it can prevent the business from ever opening, or cause it to quickly close down. Since each business will have it's own unique start-up costs, there is no universal method for estimating start up costs. The only sure method in existence is to ensure that you have included all of the costs associated with starting your specific business.

1. Start by listing and adding up all the equipment you think you need to start and run your business. Then, take that list and really think about each item, and mark off the items that can wait. Determine what equipment must be new, and what equipment can be bought used. Buy used items, that are in good shape, as much as possible. Determine what items can be leased, instead of purchased. Later, you will want to own all of your equipment outright, but leasing may be more beneficial in the beginning.

2. When calculating the costs of the physical portion of the business (the office or buildings), don't forget to add in fixtures, remodeling costs, and decorating costs, as well as delivery and installation fees for fixtures and equipment. If you are purchasing business property, make sure you include all fees associated with the purchase, including closing costs and taxes.

3. Include expenses for utility deposits, professional fees, and licenses and permits. These fees are often overlooked when estimating business start up costs. Don't forget the fees associated with incorporating your business.

4. When calculating advertising costs, don't forget the costs of logos, trademarks, and other art and graphics that will be used. Think about the costs related to your grand opening, and add these into advertising costs. Pre-opening advertising costs need to be calculated and added into the start-up costs as well.

5. Check on actual costs when possible. For instance, licenses and permits usually have fixed prices, as well as utility deposits. Since professionals usually charge by the hour, those costs can only be estimated.

6. When listing the start up costs for your business, separate recurring expenses, from non-recurring expenses. This will help you estimate your operating costs later on. Some non-recurring expenses may be the purchase of equipment, deposits, and remodeling costs. Recurring, or ongoing expenses may include professional fees, advertising costs, and salaries.

7. Think of ways that you can lower some costs. Call vendors and try to work out deals for lower costs. You should also consider lowering your own living costs, which will enable you to take a lower salary in the beginning.

8. Assume that all costs will be higher than you expected. It may be wise to add 1% - 5% to your final estimation.

9. Have your business plan written before coming to a final estimation for start up costs....

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How To Finance A Business Startup

Unless a potential business owner has quite a bit of business experience, and very good personal credit, he or she may find it difficult to find financing for a business startup. Many lenders consider business startups risky. This is due to the fact that many business startups fail within the first year or two - well before the startup loan would be paid off. But whatever your financial needs are, or how good or bad your credit is, you can find financing for a business startup.

There are several different options for financing a business startup. The options that you try will depend greatly on how much startup capital you need. If possible, you should use your money to finance your business startup. This could be money that you have saved over the years, money from the sale of a home, money borrowed from family or friends, or money from an inheritance. Using one of these forms of financing your startup will allow you to start your business without being in debt - except for borrowing money from family or friends. If you borrow money from personal sources, the repayment schedule is usually much easier to manage, and often on much better terms.

If your personal savings do not cover financing for your business, you will have to try external sources. Your next option should be the Small Business Administration (SBA). The SBA has different loan programs that help small businesses get started. The most common loan that the SBA guarantees is the 7(a) small business loan. Since the SBA guarantees these loans, getting the loan is usually much easier than your next options.

If you are turned down by the SBA, your next option is to try to finance your business startup through a bank, credit union, or savings and loan. You need to prepare a business plan ahead of time because if you are turned down by one of the SBA's partners, your chances of being approved by other financial institutions would be lower.

Finding financing through Ang...

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