1. HOW TO SHIELD YOUR BUSINESS FROM THE NEXT FINANCIAL DOWNTUR
N
Dave Brown, Partner at Foundation Finance, excels at
helping clients get beyond the limitations of current
financial conventional wisdom and take control of
their own economic future. Today, Dave has written a
guest blog for us about the financing options for
SMBs:
Any small business owner who took the time to
research the outlook for obtaining financing in 2013
would most likely get opinions as varied as the sources consulted. Such a
forecast depends on many variables – the state of the overall economy; the
state of the local economy; the potential sources of financing; and, the overall
credit-worthiness of the applicant, to highlight just a few. While these are
clear starting points, things can start to get somewhat murky once we begin to
drill down on the subject of potential sources of financing.
As we continue to deal with the impact of the 2008 financial meltdown, it's
impossible for anyone to not still feel ramifications of it. So even though you
might not have had a need for financing in 2010 or 2012, just know changes
that were set in motion during the backlash of the last few years might very
well have an impact on your efforts to obtain financing in 2013. This goes
beyond the obvious truth that applicants should expect to spend more time
and manpower jumping through the lender’s hoops in order to prove they are
worthy of the financing help. We must also be aware of any potential impact
on the actual pool of lendable capital in the marketplace.
As part of the Journyx webinar series, in How To Shield Your Business from the
Next Financial Downturn , we discuss just how critical the availability of
financing is to the entire global economy, along with how the traditional
sources of financing have been impacted and the resulting rise of “alternative”
financing. We also discuss the impact of government regulation, how one
government action can contradict another, and how the influence is felt at the

2. local level. Finally, we explore the possibility of being less dependent on
external sources of capital in order to maintain greater flexibility and control
in any economic environment.
This webinar will next be presented on Thursday, Feb 21, at 2 p.m. CST. I hope
you'll join us. Please write down any questions now that you have on this topic
and I'll do my best to answer it during the webinar's Q&A section.
Reference Link: http://journyx.com/node/2105