1. “18 Ways to Raise Money for YOUR Business”
March 24, 2010
Living the Dream - Live
E-Seminar / Conference Call
“18 Ways to Raise Money
for YOUR Business”
Host:
Mark Kohler, CPA, Attorney At Law
Telephone
Facsimile
© KKO Lawyers, LLP 2009
Telephone
Facsimile
© Kohler & Eyre CPAs, LLC 2009
Telephone
Facsimile
© NumberWon Accountants, LLC 2009

2. Here’s what to Expect Borrowing (5) Partners (2) Investors (3)
Subsidies (2)
Corporate Credit
Qualified Money
Miscellaneous (4)

3. Borrowing #1. Borrow from Family and Friends Document everything
Is their ‘security’?
Make realistic promises

4. Borrowing #2. Use Credit Cards Interest Rates can be dangerous
Not recommended

5. Borrowing #3. Small Business Administration (“SBA”) Loan
504 / Seasoned borrower / fixed assets (as low as 10% down)
7A / Equipment / 30% down
Will Jones Special Guest
Wells Fargo

6. Borrowing #4. Home Equity Line
Home Equity lines of Credit are still available
HELOC’s are LTV restricted and subject to change.
You must have good credit history.
Line of Credit vs Traditional second mortgage.
Martin Rodriguez Special Guest

7. Borrowing #5. Business Line of Credit Not “Corporate Credit”
Conventional up to 100k (tough to get)
Secured loan on Inventory and A/R (may use SBA)
Personally guaranteed
Will Jones Special Guest
Wells Fargo

8. Partnering #6. Joint Venture Agreement Document every aspect carefully
Watch out for Vicarious Liability
Use your entity instead of YOU
May have to do tax return
1099 may work (not to avoid employee role)
Special Guest Kenny Childs

9. Partnering #7. Limited Liability Company Flexible
Vicarious liability protection
Tax Return
More efficient and comprehensive in the long run
Special Guest Kenny Childs

10. Investors
#8. Angel Investor- an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. A small but increasing number of angel investors organize themselves into angel groups or angel networks to share research and pool their investment capital.
- Remember the importance of Business Plans, Brochures and Executive Summaries
To find: Google and Networking

11. Investors
#9. Venture Capital- is a type of private equity capital typically provided for early-stage, high-potential, growth companies in the interest of generating a return through an eventual realization event such as an IPO of the company. Venture capital investments are generally made as cash in exchange for shares in the invested company. Venture capital typically comes from institutional investors and high net worth individuals pooled together in dedicated investment firms.
List of top 100:

12. Investors #10. Securities Offering Be careful making promises
Reg D / PPM
Consult with a Securities Attorney
Special Guest Mat Sorensen, Attorney

13. Subsidies
#11. State Grants exist in EVERY state for a variety of businesses. Also minority and women owned business can often times get streamed lined service or specific opportunities.

14. Subsidies
#12. Federal Grants and subsidies are also a huge option. An Example SBIR Small Business Innovation Research Program is a government-funded award system that provides funding to qualified small business concerns that meet research and development needs of the Federal Government.

15. Corporate Credit #13. A ‘SCAM’ 99% of the time Don’t pay up front
Review all applications for accuracy and fraud
Understand what terms you will be getting on the credit

16. Qualified Money #14. Self-Directed Retirement Plan
Qualified monies include IRAs, 401ks, SEPs, Simples, Keoghs, HSAs, and DB plans
Watch out for Prohibited Transactions
Have Legal/Tax support throughout the process

17. Miscellaneous #15. Save up your own money Keep your ‘Day job’
Be Patient
Cut all possible costs
Use Sub-Contractors when possible

18. Miscellaneous #16. Sell Something E-Bay / Craigs List Yard Sale
Real Estate

19. Miscellaneous #17. Gift or Inheritance Get it when you can
No guarantees

20. Miscellaneous #18. Charitable Donations
Form a Charity out of your business
Must have Charitable Purpose
Beware of Prohibited Transactions and Self-Dealing
Salaries must be reasonable and have market comparables

21. Thank You
For more information, please contact us at: KYLER KOHLER OSTERMILLER & SORENSEN, LLP Tel: Fax: