Can’t get a bank loan? Here are other financing options for small businesses.

Banks aren’t always the easiest place to get financing, especially if you’re just starting out as a small business owner. In fact, according to the National Small Business Association, fewer than one in four small businesses receive bank loans, which could be due to stricter lending standards after the 2008 financial crisis or simply because banks are looking for larger loans that will earn them more interest. Thankfully, there are plenty of other options available to help small businesses find affordable financing that suits their needs and budget. Here are 7 different financing options for small businesses.

1) The Small Business Administration

The Small Business Administration is one option you can look into if you’re having trouble getting a traditional loan. While it may not always be the best fit, this federal agency’s low-interest loans can help you manage unexpected costs, seize opportunities that might otherwise pass you by, and succeed in the long run. Be sure to apply early on because the program gets tougher to qualify for as time goes on! The National Association of Women Business Owners has offered women entrepreneurs angel investors and links to several loans available from many organizations like woman-owned or minority-owned banks to promote success with their business ventures.

2) Friends and Family

Raising money from friends and family can be appealing as they know your business better than anyone else, but this method may also expose you to more debt, as they’ll expect to be paid back in the future. With this type of investment, there is also the risk that personal dynamics between friends or family members may impact their willingness to help out. So tread carefully!

If you’ve tried Friends and Family funding and it didn’t work out, don’t give up just yet! There are many different ways to raise funds for your business!

3) Government Grants

If you’re looking to grow your business without the help of the bank, here’s an option that could save you some time and money. Several governmental agencies offer loans or grants to eligible companies, which might make all the difference in terms of getting your business on its feet quickly and easily. Some sites that can help match up potential grant-funded opportunities with small businesses include ZINC and Grants.gov, which was created by the U.S. government with federal grant opportunities at its fingertips—that is, as long as you qualify and have one or more clean audits behind you.

4) Alternative Financing Options

Have you heard of Angel Investors? Angel investors are individuals who invest in small startups and emerging growth companies with the expectation of significant returns on their investments. Unlike venture capitalists, angel investors invest their own money and frequently offer mentorship or coaching to help the company grow and achieve their desired financial goals. They can provide funding for anything from equipment purchases, to hiring staff, launching marketing campaigns,  acquiring a new business, or buying out an existing business. Find them by networking at events, through acquaintances, or by posting on sites like AngelList and EntrepreneurList. These investor profiles usually include relevant experience as well as what they expect of you and how they want you to raise the funds – so be sure you know what kind of investor is right for your needs before reaching out.

5) Equity Funding Options

Most startups are happy to have found seed funding, meaning they had the capital to keep themselves afloat in the very beginning stages of their business. Seed funding typically ranges from $1 million to $2 million, but it can vary depending on the type of industry and how established the business is. If you’re thinking about starting a new company and want to pursue equity funding as an option, here’s what you need to know about different types of equity investments

6) Traditional Lending Options

Getting your first business loan can be confusing, with many different sources and types of loans available. While it’s not an apples-to-apples comparison, traditional lending institutions like banks will use your company’s net worth to determine what kind of credit line you qualify for.

7) How to Get Back On Track If Your Business Gets Off Track

Having a credit card to use only for business expenses can be an easy way to keep track of your spending and separate personal from business obligations. Bank loans should not be the first option when looking for outside capital, so it’s worth exploring non-traditional methods before committing to one that could have hefty long-term consequences on your personal finances. Grants and crowdsourcing campaigns can also provide funding, but there is typically no money upfront with these opportunities; if you need cash flow quickly in order to keep operating then this may not be the best route to take. The most important thing is to research all of your options carefully and determine which will work best given your current circumstances!

Get what you need for your clients

Any business growth can be severely hindered by the lack of cash flow. Merchants rely on the professionals at Waterview Capital when they require urgent funding to support their business. We’ll work with you to identify the ideal same-day funding option to propel you and your clients toward success. Waterview Captial is backed by years of company funding expertise.

Your premier source for Working Capital

When merchants need fast funding to help their businesses grow, the experts at WaterviewCap.com are ready to help. We offer same-day funding to provide ISOs the tools they need to help their clients succeed!

Get the funds you need — fast!

Don’t wait around for funding. Get the money you need fast with same-day business funding from Waterview Capital.

At Waterview, we know busy business owners can’t wait around for funding. That’s why we offer some of the fastest decisioning in the industry. With quick approvals and same-day funding, ISOs can get the funding they need to support their clients right away! Find out more at Waterviewcap.com.

Hiring More Employees? How to Calculate the Financial Funds You Need.

It’s amazing to look back at the success of your business and see that it has grown so much, but as it grows, so does the workload you need to take on alone. At times like these, it can be tempting to hire more employees quickly, but this may not be the best idea. It’s important to make sure that your business has enough money and resources to support additional employees before you begin the hiring process in order to avoid costly mistakes and setbacks for your business down the road. Read on for some tips about how to calculate the financial funds you need before bringing on new employees.

The Issue Of Scaling

It’s said that only one out of a hundred startups make it past the first year. And while those odds might not seem so daunting, they can be a scary statistic for an entrepreneur who knows they have a product or service with a sustainable market and demand. Now more than ever, scaling is key for any successful business. With revenue increasing, there will come a time when you need more employees on board. This means more expenses, which has the potential to put some entrepreneurs off hiring new staff members if they aren’t sure about what that entails in terms of financial funding.

Calculating Your Costs

Take your gross sales and subtract your production costs, then divide that number by the number of hours you need additional help per week. This is how much it will cost you per hour to have someone on board. Multiply that number by 40, and this is how much it will cost you per month for salary and benefits. Depending on what resources or tools you’re already using in your business, you might also have to factor equipment rental costs or other variable expenses into this equation.

Start From The Bottom Up

Every successful business requires staffing and human resources in order to be running smoothly. The person that you’re looking for should fit into your team well, be capable of handling the tasks being delegated, and have a good work ethic. These are just a few aspects that are important when hiring new employees. When making a hiring decision, it’s important to take into account your budget and financial stability as well. Calculating what funds you need for more staff will help ensure that your business doesn’t take on more expenses than it can sustain at one time.

Sales Costs

As with any business, as your company grows and becomes more successful, you will need to allocate more financial resources towards other aspects of your company such as marketing or new equipment. But before investing in these things, it’s important to get a better handle on your overall financial health so that you don’t end up hurting your company later on by overspending. Once you know what your expenses are now and what they’re likely going to be in the future, then you can invest accordingly without overextending yourself. 

Fortunately, there are lots of ways you can figure out how much money is necessary for hiring more employees. Some companies track this information using a simple mathematical formula an expansion rate to determine how much they need annually when they start adding employees at a certain pace.

Customer Support Costs

A lot of business owners struggle with making the jump from needing one or two employees to needing a larger staff. They may not know where they’ll find great talent, how much an employee costs, and how much customer support will cost them each month. It’s important for you to calculate this in advance so that when you get more customers you don’t feel overworked and can build your business to sustain a higher headcount. 

#1 – Get clear on why you need more employees. Is it because there is no room for growth as an individual or do you need a buffer between bursting at the seams with work? 

#2 – Figure out what hours are available in your day.

Marketing Costs

At first, a lot of marketing can be done via social media and other outlets. For bigger companies, this won’t really work as they will require something like a PR team which costs money. Marketing takes quite a bit of time and effort, which is why it’s necessary to calculate how much you need for staff before hiring new people. Make sure that your company has enough financial funds for someone’s salary and then factor in if their salary will fluctuate (and if so, how much) or if they’re an intern and whether or not their internship ends at some point. It all comes down to the person’s experience level, goals (whether they have them), and any additional factors you might consider before beginning a business partnership with them.

Content Costs

When your business is thriving and you need more employees, you may find that it’s difficult to calculate how much financial backing you’ll need. In a best-case scenario, you can use an Excel spreadsheet that helps break down your cash flow. It’s important to be realistic about what your company needs as it grows, so don’t forget to budget for things like advertising or hiring staff. When calculating the funds you’ll need for increased staffing, consider some of these factors: 

-The number of new employees (or positions) needed 

-Whether there are prerequisites for those new employees 

-The wages of each position 

-Taxes on wages and potential benefits

Additional Expenses

Once you’ve identified what kind of staff you’ll need, go back and look at the last month’s expenses and evaluate how much more it would cost to support your business with a larger team. Start by looking at labor-related expenses such as additional paychecks (payscale difference) and payroll taxes. Then, consider additional general operating costs like space for employees, supply ordering or inventory control costs, equipment purchases, travel, and time for onboarding. Consider these new projected costs for about six months or so just to ensure that you’re planning appropriately for all of the increased expenses involved with hiring more staff.

Get what you need for your clients

Any business growth can be severely hindered by the lack of cash flow. Merchants rely on the professionals at Waterview Capital when they require urgent funding to support their business. We’ll work with you to identify the ideal same-day funding option to propel you and your clients toward success. Waterview Captial is backed by years of company funding expertise.

Your premier source for Working Capital

When merchants need fast funding to help their businesses grow, the experts at WaterviewCap.com are ready to help. We offer same-day funding to provide ISOs the tools they need to help their clients succeed!

Get the funds you need — fast!

Don’t wait around for funding. Get the money you need fast with same-day business funding from Waterview Capital.

At Waterview, we know busy business owners can’t wait around for funding. That’s why we offer some of the fastest decisioning in the industry. With quick approvals and same-day funding, ISOs can get the funding they need to support their clients right away! Find out more at Waterviewcap.com.

7 Tips for Writing a Killer Business Plan

Writing a business plan can seem like a lot of work, especially if you’ve never done it before. But don’t be intimidated — creating an effective plan doesn’t have to be difficult or time-consuming. By following the steps outlined below, you’ll have the basics of your business plan written in no time!

Step 1 – Set your goals

It all starts with setting goals. What is the purpose of your company? Are you trying to raise capital, provide a service, or develop new technology? Write these goals down and make sure they are SMART: Specific, Measurable, Achievable, Relevant, and Time-bound. To help with goal setting we recommend planning out your business’s key milestones and long-term goals so that you’re confident when approaching investors or other funding sources.

If you’re looking for templates we highly recommend finding one that not only covers what you need but one that can be modified based on the specifics of your company or industry. 

Step 2 – Brainstorm ideas

Finding the right idea to start your business will require some brainstorming. Some factors to consider are your personal passions, market trends, and the feasibility of your idea. While this may seem daunting at first, remember that some of the best companies around got their start in someone’s garage or basement. In order to successfully come up with an idea you need to have an open mind and be creative!

Step 3 – Analyze your market and competition

It is also important to list your business competitors, so you know where you stand. This can be in the form of names, logos, or product images. You should note their approximate market share and when they started in the market. Also, include a brief summary of how they are different than your company.

It is necessary to break down the people who will be potential customers of your product. Include information such as location, annual income, age, and more specific data on what he or she might be looking for in terms of an investment product or purchase. What percentage would each type represent? Who has the most power in this decision?

Step 4 – Prepare the executive summary

An executive summary is the part of your business plan that will get investors to read the rest of your business plan. You want to introduce the company and give them an overview of how you see it growing and succeeding. Be succinct, professional, and concrete. Your best bet is to end with a statement about how much money you need, or what specific pieces are missing from your team (i.e., We want someone with five years of experience in marketing or We need capital to open our first location).

Step 5 – Write the details of your business model

The last step in the process is to articulate your business model. Be specific and be detailed. What do you want to sell? What services will you provide? Who are your competitors? Who is your target market, and how much money do you want to make by the end of the year? One good strategy is creating three business models: low-end, middle, and high-end.

Step 6 – Detail your target market, marketing strategy, services and products, financial expectations, and business history

Once you have the aforementioned six steps checked off, make sure you are covering all your bases. Have you selected an industry with high ROI potential? Are there any barriers to entry for your proposed market? What about competition? Does your idea stand out from the pack in some way that sets it apart from others? What is your target demographic and what problem are you solving for them? Do the numbers add up? All of these questions should be explored and addressed in one succinct and comprehensive document that represents your best business plan.

Step 7 – Make sure you have all the needed proof points to help your funding goal come true

1. Assess your risk level and desired return – Your business plan should include risk assessment tools, such as benchmarks from comparable investments in your industry or benchmarking tools from third-party providers, to help you find the appropriate financing option. It’s also important to think about which return rate you want – the higher the potential return, the higher the amount of risk your business will have. 

2. Focus on what’s new or exciting about your idea – There are many ways to structure your information in order to get funding approval, but one way is to present this information strategically so that it stands out and attracts investors’ attention quickly. One way to do this is by including testimonials and case studies showing what successful companies with similar goals have achieved and how they did it.

Get what you need for your clients

Any business growth can be severely hindered by the lack of cash flow. Merchants rely on the professionals at Waterview Capital when they require urgent funding to support their business. We’ll work with you to identify the ideal same-day funding option to propel you and your clients toward success. Waterview Captial is backed by years of company funding expertise.

Your premier source for Working Capital

When merchants need fast funding to help their businesses grow, the experts at WaterviewCap.com are ready to help. We offer same-day funding to provide ISOs the tools they need to help their clients succeed!

Get the funds you need — fast!

Don’t wait around for funding. Get the money you need fast with same-day business funding from Waterview Capital.

At Waterview, we know busy business owners can’t wait around for funding. That’s why we offer some of the fastest decisioning in the industry. With quick approvals and same-day funding, ISOs can get the funding they need to support their clients right away! Find out more at Waterviewcap.com.

The Top Ways to Better Manage Your Monthly Business Bill Payments

Running your own business can be exhausting at times, especially when you’re juggling every aspect of the business on your own. That’s why it’s important to keep an eye on your monthly expenses and make sure you have enough money saved up to cover each of them without draining your bank account. If you follow these three tips to better manage your monthly business bill payments, you can rest easy knowing that even if there are problems with any one payment, the others won’t be affected by it. You can use these tips both for your business and personal finances!

Make a list of every bill you have.

1. First, make a list of every bill you have. This includes both business and personal expenses.

2. Next, prioritize your bills. Make sure to pay the most important ones first, like your mortgage or rent, car payment, and utilities.

3. Set up a budget for your bill payments. Determine how much you can realistically afford to pay each month, and stick to it.

4. If you have any extra money left over after paying your bills, consider using it to pay down debt or save for a rainy day.

5. Automate your bill payments whenever possible. This will help ensure that you never miss a payment and avoid late fees.

 Use online accounting software

If you’re like most business owners, you understand the importance of staying on top of your monthly bill payments. After all, late payments can lead to costly penalties and interest charges. But with so many bills to keep track of, it can be tough to stay organized. That’s where online accounting software comes in. It lets you view all of your invoices and statements in one place, from one dashboard. With just a few clicks, you can create custom payment reminders for every due date – including recurring ones. It also helps by calculating due dates automatically for future transactions – taking away any guesswork or headaches!

 Have an organized way of keeping track of monthly expenses

One way to better manage your monthly business bill payments is to have a system for tracking expenses. This could be as simple as creating a spreadsheet or using accounting software. Whatever method you choose, make sure it’s one that works for you and that you’ll actually use. If you need help setting up a system, talk with your accountant. 

You can also save money by investing in bulk items: Another way to save money when paying bills is by buying in bulk quantities when possible. 

You can ask vendors if they offer discounts on purchases of certain quantities, too. 

If this doesn’t work for the product you’re looking at purchasing, try searching online for the best deals on what you need and then buy in bulk from that store instead. 

This might not work for everything but it’s worth asking about or doing some research before making an expensive purchase to see if there are any ways of saving money when paying bills.

Use a bill tracker? 

There are a few key things you can do to better manage your monthly business bill payments. First, get organized and make a list of all of your bills. Include the due date and amount owed for each bill. This will help you keep track of what is due and when. Next, create a budget for your bill payments. Include a buffer for unexpected expenses. Then, automate your payments where possible. Finally, review your bill payment system regularly to make sure it is still working for you and your business.

 Automate your savings

If you’re like most business owners, you’re always looking for ways to save money. One way to do that is to automate your monthly bill payments. By setting up automatic payments, you can ensure that your bills are paid on time and avoid late fees. Plus, you can often get a discount for paying your bills on time. If you have multiple people managing the finances of your company, make sure that they’re all in sync about when each payment should be made each month. As we’ve discussed before, this is one of the many benefits of automating your bill pay! 

Automating also ensures that there will be no missed or forgotten payments from an employee who was out sick or on vacation. 

If someone leaves the company or gets laid off, they won’t miss any important deadlines because their payment has already been taken care of. When creating your system for automating payments, make sure to keep things simple and organized so everything stays on track!

Realizing you may need Financial Assistance 

There are a number of ways you can better manage your monthly business bill payments. First, take a look at your spending and try to cut costs where possible. Then, create a budget and stick to it. You should also automate your payments whenever possible and set up reminders so you don’t miss any due dates. Finally, if you’re struggling to make ends meet, don’t be afraid to seek out financial assistance from a professional. With these tips, you can get your finances back on track in no time.

Your premier source for Working Capital

When merchants need fast funding to help their businesses grow, the experts at WaterviewCap.com are ready to help. We offer same-day funding to provide ISOs the tools they need to help their clients succeed!

Get the funds you need — fast!

Don’t wait around for funding. Get the money you need fast with same-day business funding from Waterview Capital.

At Waterview, we know busy business owners can’t wait around for funding. That’s why we offer some of the fastest decisions in the industry. With quick approvals and same-day funding, ISOs can get the funding they need to support their clients right away! Find out more at Waterviewcap.com.

The best way to downsize your company during tough financial times

Tough financial times call for tough decisions, and one of the toughest that an entrepreneur can make is to downsize their company. Before you do anything else, take the time to understand your situation and evaluate your options carefully; there are no right or wrong ways to go about downsizing, and choosing the best way will depend on your unique business circumstances. In this article, we’ll outline some general strategies that work well during tough financial times, as well as some considerations you should think about when deciding what direction to take your business in after you’ve downsized it.

Downsizing Pros and Cons

When you’re faced with the possibility of downsizing your company, it’s important to weigh the pros and cons carefully. On the plus side, downsizing can help you save money and become more efficient. On the downside, it can be disruptive to your business and cause morale problems. Here are some things to consider before making a decision -Are there other ways to cut costs? 

-How will I compensate my employees who lose their jobs? 

-Will I need to re-organize my staff so that we are still able to accomplish our mission? 

There is no perfect answer for every situation, but it’s important to make an informed decision about whether or not downsizing is right for you.

Is it smart to downsize

One of the best ways for firms to save costs is through downsizing. Labor is typically a significant expense for small business owners. You’ll be able to invest money into other crucial areas by having fewer personnel. 

Although downsizing is the process of permanently reducing a company’s workforce by eliminating underperforming employees or departments, it can be used to make firms leaner and more effective. 

List out the main aspects you need to consider when downsizing

1. Do you need to downsize? Examine your current financial situation and see if there are other ways to cut costs.

2. If you do need to downsize, how will you do it? There are a few different ways to downsize, so you’ll need to decide which is best for your company.

3. Who will be affected by the downsizing? Make sure you take into account not only your employees but also your customers and vendors.

4. How will you communicate the downsizing? Be clear and concise in your communication, and make sure everyone who needs to be informed is aware of the changes.

5. What are the legal implications of downsizing?

Figuring out how you’re going to compensate for downsizing

When you’re deciding to downsize your company, you need to first figure out how you’re going to compensate for the loss in productivity. One way to do this is by automating as many of your business processes as possible. This will help free up time for your employees to focus on other tasks. Another way to compensate for downsizing is by outsourcing some of your work. This can be a great way to save money and still get the quality work you need. Finally, you need to make sure that you communicate with your employees about the changes that are happening. This will help them understand why the downsizing is happening and what they can do to help make it a success.

Explain some options that will help employees cope with the change 

Losing your job is never easy. But if you find yourself having to downsize your company, there are some things you can do to help ease the transition for your employees. Offer severance packages and try to give a few week’s notice before making any layoffs. Encourage them to take advantage of training or other resources that will allow them to find a new job right away. Offer them opportunities for feedback, so they know what they did well and where they need improvement. And finally, offer ongoing support, so they feel like a valued member of the team while they look for their next opportunity. For more tips on downsizing, visit our blog today!

Transition process during downsizing 

As you go through the process of downsizing your company, there are a few key things to keep in mind in order to make the transition as smooth as possible for everyone involved. First, be sure to communicate with your employees early and often. Keep them updated on the situation and what changes will be happening. Secondly, try to be as compassionate as possible. This is a difficult time for everyone, and it’s important to show empathy. Third, be clear about what the expectations are for those who remain with the company. Fourth, provide outplacement services for those who are being let go. This can help ease the transition and give them a better chance at finding new employment. Fifth, give employees plenty of notice before any changes go into effect.

List out what you need to do after downsizing

1. After you’ve decided to downsize your company, it’s important to communicate the decision to employees. Be clear about why downsizing is necessary and what it will mean for the company and employees.

2. Once you’ve communicated the decision, start working on a plan for how the downsizing will be carried out. This plan should include when and how employees will be let go, what benefits they’ll receive, and how the remaining employees will be restructured.

3. Start thinking about how you’ll reduce costs in other areas of the business. This may include cutting back on advertising, travel, or other expenses.

Options for Financial help during downsizing 

1. When you are facing the decision to downsize your company, there are a few options for financial help that you can consider. 

2. One option is to take out a loan from the government. The government offers loans to small businesses that are struggling financially. 

3. Another option is to take out a loan from a bank. This can be a more difficult option, as banks are often hesitant to give loans to businesses that are downsizing. 

4. You can also look into grants from the government or private organizations. These can be difficult to obtain, but if you are able to get one, it can provide a much-needed financial boost during tough times.

Get what you need for your Business

The lack of cash flow can severely hinder any business growth. Merchants rely on the professionals at Waterview Capital when they require urgent funding to support their business. We’ll work with you to identify the ideal same-day funding option to propel you and your clients toward success. Waterview Capital is backed by years of company funding expertise.

Your premier source for Working Capital

When merchants need fast funding to help their businesses grow, the experts at WaterviewCap.com are ready to help. We offer same-day funding to provide ISOs the tools they need to help their clients succeed!

Get the funds you need — fast!

Don’t wait around for funding. Get the money you need fast with same-day business funding from Waterview Capital.

At Waterview, we know busy business owners can’t wait around for funding. That’s why we offer some of the fastest decisions in the industry. With quick approvals and same-day funding, ISOs can get the funding they need to support their clients right away! Find out more at Waterviewcap.com.

The Importance of Realizing You Need Financial Help for Your Business

Starting and running your own business is an incredibly exciting time, as well as challenging. You’re working on your own terms, setting goals, and forging your own path in life. It’s amazing, but it can also be scary at times, especially when you realize you’re in over your head financially without the right help behind you. That’s why it’s important to recognize the warning signs that you need financial help with your business so you can get out of any financial trouble before it gets too out of hand and truly set yourself up for success.

Start Small

It’s easy to get caught up in the excitement of starting a business. You have a great idea, you’re passionate about it, and you’re ready to take on the world. But before you quit your day job and dive headfirst into your new venture, it’s important to sit down and assess your financial situation. Do you have enough savings to cover your living expenses for at least six months? Do you have any outstanding debts that need to be paid off? Are you prepared to deal with the ups and downs of running a business? If not, it might be wise to reconsider your decision to start a business.

Get Affordable Legal Advice

If you’re starting a business, one of the first things you should do is get affordable legal advice. This will help you understand the ins and outs of starting a business and what you need to do to protect yourself legally. It’s better to be safe than sorry, and getting legal advice early on can save you a lot of headaches down the road. For example, did you know that if your company doesn’t have a written contract with another company that it does business with, it may not be able to enforce its rights in court? There are other ways in which your company might not have enough protection from lawsuits or claims about intellectual property. For example, did you know that if there is no written agreement between two companies who trade information (such as an email), then anyone could come along and use that information without your knowledge? Legal advice can also let you know how much money it would take to start your company properly – including all startup costs such as registering the name of your company and securing the necessary trademark rights. Some lawyers even offer discounts if they work closely with startups – so make sure to ask them!

Keep and Share Records

As a business owner, it’s important to keep accurate records of your finances from the very beginning. This will help you track your progress and make sound decisions about where to allocate your resources. Once you realize you need financial help, it’s important to act quickly and consult with a professional. This way, you can get the help you need and get your business back on track. It’s never too late to get started, so go ahead and take that first step today! One simple strategy is to include all possible sources of income in one spreadsheet or form. Include revenue and expenses in different categories such as taxes, loans, advertising costs, rent, utilities, etc. Keep the documents in an easily accessible place like your desk drawer or filing cabinet for quick reference later when preparing tax returns or other reports. 

To figure out how much cash you’re going to need each month or year, start by looking at what expenses are projected next year, then subtract any projected savings such as quarterly profits from expenses or increased revenue from current projects underway. 

Next, multiply this number by 12 (months) or 52 (weeks) and add any other estimated expenses throughout the year not included in this calculation yet.

Ask For Financing Options Before You Run Out Of Options

No one wants to admit they need help, especially when it comes to money. But when it comes to your business, admitting you need financial help before it’s too late is crucial. Without proper financing, your business could quickly become a sinking ship. What’s worse, the longer you wait to find financing options, the more difficult it will be. There are a few ways you can go about getting financial help: 1) Find an investment partner that has capital but lacks expertise in your industry; 2) Seek out loans and lines of credit from banks or lenders; 3) Apply for grants from foundations and government agencies if eligible; 4) Raise capital by selling stock (IPO). If none of these are possible or viable solutions for your company, there are still other options such as crowdfunding platforms like Kickstarter or Indiegogo. Don’t let pride get in the way of what may be the best option available to save your company from ruin.

Hire an Accountant

It’s important to realize when you need financial help for your business. Sometimes, you may be able to delegate work in order to free up some time and money. Other times, you may need to hire someone to help with the finances. However, it’s important to make sure that you’re not overspending. Keep track of your expenses and make sure that you’re only spending what you can afford. If you’re not sure where to start, there are plenty of resources available online or through your local chamber of commerce. The sooner you take action, the better off you’ll be.

Delegate the Work Where Possible

When running a business, it’s important to delegate the work where possible. This helps you stay organized and prevents you from getting overwhelmed. However, there are some tasks that you should never delegate. One of these is financial planning. If you want your business to grow over time, then you need a plan in place.

Get what you need for your clients

Any business growth can be severely hindered by the lack of cash flow. Merchants rely on the professionals at Waterview Capital when they require urgent funding to support their business. We’ll work with you to identify the ideal same-day funding option to propel you and your clients toward success. Waterview Captial is backed by years of company funding expertise.

Your premier source for Working Capital

When merchants need fast funding to help their businesses grow, the experts at WaterviewCap.com are ready to help. We offer same-day funding to provide ISOs the tools they need to help their clients succeed!

Get the funds you need — fast!

Don’t wait around for funding. Get the money you need fast with same-day business funding from Waterview Capital.

At Waterview, we know busy business owners can’t wait around for funding. That’s why we offer some of the fastest decisioning in the industry. With quick approvals and same-day funding, ISOs can get the funding they need to support their clients right away! Find out more at Waterviewcap.com.

Waterview Capital Takes Over deBanked NYC Happy Hour Event!

Waterview Capital Takes Over deBanked NYC Happy Hour Event!

If you were one of the lucky few to get tickets to deBanked’s Happy Hour event last night, you got to enjoy an intimate evening with the founder of the deBanked team. Over $2000 in swag was given away to attendees! Just as exciting as the prizes were the talks about the future of banking and how companies are taking steps toward a better financial world for their customers. If you weren’t able to make it to the event, never fear, Waterview Capital had our Chief Funding Officer, Eli Hazan in attendance and he gave us a full rundown! 

So about last night…At deBanked

deBanked took over NYC with their happy hour event last night, and everyone had a great time! The energy was high as industry professionals mingled and networked. Waterview Capital was amongst many from all over the country. Brokers, lenders, and funders! It gave everyone a chance to connect with others to help grow their business.  See for yourself: https://debanked.com/events/happyhour/

Who is deBanked

deBanked is a networking organization for entrepreneurs, investors, and alternative finance professionals. They hold events all over the world that bring together like-minded individuals to discuss the industry and do business. and last night, NYC was their location of choice for their happy hour event! Find out more here https://debanked.com/about-us/.

The Happy Hour

As we said, the deBanked Happy Hour was a huge networking success! The venue was packed with people eager to network and learn more about the financial industry. The deBanked team did an amazing job organizing the event and making sure everyone had a great time. Waterview Capital is already looking forward to the next one!

Broker Fair 2022

Waterview Capital is proud to announce that we are Silver Sponsors for deBanked’s Broker Fair 2022 on October 23 & 24, 2022, at the New York Marriott Marquis. Find out more about their next event here, https://debanked.com/events/. Tell them Waterview Capital sent you! 


Who is Waterview Capital

We’ve become tired of other financiers rejecting small- and medium-sized firms because they’re deemed “high risk” over the years. We think that any size or risk level of business should have access to the finance they require to survive.

In order to fill this gap in the Merchant Cash Advance industry, Waterview Capital was established. With quick approvals and same-day funding, we provide businesses with the professional, ethical, and transparent funding they require to succeed in a constantly shifting market. Find out more: https://waterviewcap.com/ 

So you want to start a Healthcare Business? Here are some must-know tips! 

When you hear the word healthcare, what comes to mind? Hospitals? Clinics? Physical therapy centers? It’s easy to understand why this industry has grown so quickly in recent years—we all want to lead healthier lives! As with any business venture, though, it can be tricky to get started in healthcare. With the right strategy and dedication, however, you can open your own clinic or other healthcare business and thrive! To help you get started, here are some of the top tips you need to know if you want to start a healthcare business of your own!

Ease Yourself In

So, you want to be an entrepreneur in the healthcare industry. That’s great! The healthcare industry is booming, and there’s plenty of room for new businesses. But before you jump in headfirst, there are a few things you should know. First and foremost, you need to have a solid financial budget. This means understanding your costs, loans, and other financial obligations. It’s also important to get advice from an accountant or financial advisor. Once you have your finances in order, you can start thinking about what type of healthcare business you want to create. Urgent care centers, home health aides, and medical services are all great options. But it’s important to choose something that aligns with your skillset and interests.

Research Carefully

Before you start any business, you need to do your research. This is especially true for healthcare businesses. The healthcare industry is constantly changing, so you need to make sure you’re up-to-date on the latest regulations. You should also research the competition and find out what makes your business unique. Additionally, you’ll need to create a financial budget and get some financial advice before moving forward. You may also want to take classes in management or finance. 

Finally, you’ll need to register your business with the state or country in which it is operating. Every country has different requirements for registering a business, so be sure to check them out before moving forward. As long as you know what steps to take when starting a healthcare business, then you can’t go wrong!

Understand The Regulations

Healthcare is one of the industries with the most regulations, as one might anticipate. This means that working in the healthcare sector may require navigating difficult restrictions. It is crucial to take the time necessary to comprehend all applicable laws, regulations, and standards before starting a firm in the healthcare industry.

Businesses in the healthcare industry who don’t take the time to fully comprehend the rules run the danger of later making costly and time-consuming errors. Not only can it be expensive to not grasp the rules, but the repercussions could also be very detrimental. This is because breaking the rules can have disastrous ramifications on your business and even worse, your personal life.

Complete Market Research

Market research is one of the most crucial tasks you should perform before starting a business in any field. The process of learning more about your industry’s target markets, rivals, and clients is known as market research.

You can efficiently discover and assess market needs, market size, and degree of competition with the use of market research. Any effective corporate strategy must include this type of evaluation, which can be done using a variety of ways, including:

  • Focus sessions
  • Thorough interviews
  • Customer feedback
  • Investigation of secondary data
  • Ethnography

You will be able to grasp your market and target audience more thoroughly if you use market research as the foundation for your planning stages. 

Find Your Target Audience

The healthcare industry is vast and filled with many different types of businesses. When starting your own healthcare business, it is important to first identify your target audience. This can be done by researching the needs of your community and determining which type of healthcare business would best meet those needs. Once you have identified your target audience, you can then begin developing a business plan and marketing strategy to reach them.

Focusing on your target market is helpful if you have completed some market research and know exactly where you want to operate. The market segment in which you want to sell your goods or provide your services is referred to as your “target audience.”

Given the size of the healthcare industry, determining your target market is a crucial and fundamental step for any company wishing to enter this market. You run the risk of wasting marketing dollars by pursuing ineffective techniques without a properly defined target market.

Find the right Team

Choosing the proper staff is yet another essential step in creating a successful healthcare business. The quality of your workforce can impact your organization’s long-term success, just like in any other industry. Everything your workforce does has an impact on, from client satisfaction levels to future business prospects.

There are a number of distinct factors you should keep in mind when employing workers for your healthcare firm. For instance, you’ll want to make sure that the employees have the training and experience needed to perform their jobs to the highest standard. It’s crucial to think about how the candidate’s values and aspirations mesh with the long-term goals of your company.

Another important consideration is how a potential employee will fit into your company’s culture. When it comes to launching a successful business in the healthcare sector, finding personnel who have the expertise, will be content in your workplace, and are committed to your company’s long-term goals might be crucial.

Do Some Trial Runs

Before you take the plunge and start your own healthcare business, it’s important to do your research and make sure this is the right industry for you. A great way to get started is by doing some trial runs. See if you can shadow a healthcare professional or volunteer in a hospital or clinic. This will give you a chance to see what the day-to-day operations of a healthcare business are like. Make sure you understand all the paperwork that comes with running a medical practice. Ask yourself questions like: 

How many hours would I need to work per week? How much would my services cost? Who would be my customer base (kids, elderly people, people with chronic conditions)? Would I need any special equipment? What type of location would I need (home office vs storefront)? What types of insurance/credentials do I need to have in order to work as a healthcare provider? Do I have any limitations or physical issues that could affect my ability to perform certain tasks?

Consider Selling Something Else First

Before you can get started on your healthcare business venture, you need to have the funding in place. One way to do this is to consider selling something else first. This can help you raise the money you need to get your business off the ground. It also provides some useful experience and practice that will be very helpful as you get started. 

Many new entrepreneurs have found success by getting into retail or manufacturing and then adding a medical component later on. 

There are many ways to finance your startup without having a lot of initial capital, and by taking these steps, you will ensure that when it comes time for an investor to step in and fund your project, they’ll be confident about their investment.

Choose Something that Suits You Personally

When it comes to starting your own healthcare business, it’s important that you choose something that suits you personally. Consider your strengths and weaknesses, as well as your interests. If you have a passion for helping others and enjoy working with people, then starting a healthcare business may be the perfect fit for you! This is especially true if you want to start your own nonprofit organization. Just remember that not everyone can do this, so if there is something else in healthcare that appeals more to you, like surgery or counseling, don’t discount it just because of an affinity for one aspect of health care.

Recognize Your Limits

It’s crucial that you can recognize your limitations as a business leader of a healthcare organization. Understanding your weaknesses is just as crucial as understanding your strengths, if not more so. This is because realizing your limitations allows you to seek relevant education and network with others to get the expertise and knowledge you require. Without a firm understanding of your limitations, you run the danger of encountering significant issues in the future.

Ask Lots of Questions

Before you take the plunge into starting your own healthcare business, it’s important that you do your research and ask lots of questions. Talk to other healthcare business owners, professionals in the industry, and even your potential customers. Find out what works and what doesn’t. What are the biggest challenges you’ll face? What needs does your target market have that aren’t being met? Asking questions now will save you a lot of headaches later on.

Get Support Wherever You Can

As an entrepreneur, you need all the help you can get, especially when starting a healthcare business. There are plenty of resources available to help you get started, including books, online courses, and even accelerators. However, one of the most important things you can do is get financial advice from someone who knows the healthcare industry. This will help you create a realistic financial budget for your new business.

Prepare To Change

The emergence of new diseases and viruses can have a significant impact on the healthcare sector, as has been observed during the past several years. The healthcare industry is constantly exposed to the effects of numerous illnesses and medical advancements, as well as new medical procedures and technological improvements.

The long-term success of a company working in this sector may depend on its ability to adapt to the shifting landscape of the healthcare industry. Nevertheless, preparing for change with your company is different than embracing any trend that comes your way.

To ensure you are able to pivot successfully and increase the long-term growth potential of your firm, you need to be sure to stay abreast of market advancements and have a clear framework for research in place.

Create the Right Alliances

Another crucial stage in launching a successful healthcare firm is selecting the appropriate partnerships. Although partners and investors can be crucial when establishing a business in this field, this does not imply you should try to move the process forward quickly.

Your organization can benefit from the right business partners by expanding your knowledge, resources, and skill set. Finding people that comprehend and share your organization’s mission and goals should be your main goal when attempting to establish commercial relationships.

Creating relationships is a fantastic way to broaden your team’s knowledge base and expertise. Finding partners who have skills, expertise, and experience that are complementary to yours or that are relevant to the conversation can therefore be very beneficial.

Don’t Stop Learning

You must be eager to learn new things as a business leader in the healthcare industry. All executives in this field, regardless of their educational background in business or the healthcare sector more generally, should be dedicated to lifelong learning.

For business executives in the healthcare sector, continuing education can take many different forms. Consider enrolling in some business courses or programs to learn the essentials. If you already have a solid foundation in healthcare, on the other hand, you might want to concentrate on staying current with industry news and advancements and learning more about the business world in general.

Commit – And Don’t Give Up!

So, you want to be an entrepreneur in the healthcare industry? That’s great! The healthcare industry is always in need of fresh ideas and new businesses to help serve patients better. But before you take the plunge, there are a few things you should know. First and foremost, starting any business is tough – but don’t let that discourage you. If you’re passionate about your idea and committed to making it work, you’ve already got a leg up on the competition. Secondly, make sure you have a solid financial budget in place. Getting financial advice from experts is crucial in ensuring your healthcare business stays afloat. And lastly, always remember to put your customers’ needs first.

Waterview Capital 

If you’re on the path to starting a new business, Waterview Captial can help. They fast and secure business funding. It is your premier source for same-day business loans. When you need fast funding to help your business grow, the experts at Waterview Capital are ready to help with affordable same-day business loans. Don’t let your business fall behind. Get the funds you need to succeed! Contact us today.

In Case of Emergency: How to Secure Fast Funding for Your Business

Any business owner knows that emergencies can come up at any time, and your company’s cash flow isn’t always going to be enough to cover it. This is why it’s so important to have an emergency fund in place, whether you rely on funding from clients or you have investors in your business. In case of emergency, having that money already set aside means the difference between moving forward or having to lay off some employees because you don’t have the funds to keep them on staff.

Every industry’s small business owners want capital to thrive, and while there are many working capital solutions available, not everyone qualifies for a loan. In reality, it might be difficult for young small- to medium-sized firms to locate banks that will give them a loan. It is very difficult for new enterprises to obtain business capital since they often lack the credentials to establish their credibility in the eyes of many traditional lenders.

Get your credit card limit raised

As a small business owner, you should always be prepared for emergencies. One way to do this is by having a business credit card with a high limit. That way, if something unexpected comes up, you can charge it to your card and pay it off over time. Plus, if you have a good credit score, you may be able to get a lower interest rate on your business credit card. And in the event of a recession or financial struggle, having a business credit card can help keep your business afloat. So if you don’t have one already, get one ASAP. And if you do have one, make sure to keep the limit high, so you’re prepared for anything that comes your way.

Reserve some cash from your business account

No one knows when an emergency will hit, which is why it’s important for businesses to have a budget for unexpected expenses. Unfortunately, many new businesses don’t have the financial cushion they need to weather an emergency. If you find yourself in this situation, don’t panic. There are ways to get fast funding to help you through tough times. To learn more about how entrepreneurs can secure cash from their business account as backup in case of emergencies, continue reading below. When you’re setting up your business account with your bank, see if there are any funds that can be set aside specifically for backup purposes. Then plan out what type of emergencies might arise and how much money each one would cost so that you know ahead of time what kind of reserve amount to save each month.

Emergency Fund Expenses

Most businesses have a budget for monthly expenses, but what about an emergency fund? An emergency fund is important for small businesses because it provides fast cash in the event of an unexpected expense. Financial struggles are common among new businesses, so having an emergency fund can help you stay afloat during tough times.  It’s essential that you budget for this type of emergency situation if your business has one. 

The size of your emergency fund will depend on how much money you make and how often emergencies happen in your industry. For example, if your emergency funds cover at least two months’ worth of income, then you’re likely fine as long as emergencies only happen once every six months or less. However, if emergencies are happening more frequently than that and your emergency funds cover only one month’s worth of income, then it might be time to review your options with an expert financial advisor.

Borrow Money From Friends and Family

In case of an emergency, one of the first places you should turn to for financial help is your friends and family. If you have a good relationship with them and they’re able to help, they may be willing to lend you money. You can also look into borrowing money from a bank or credit union. There are also online lenders that may be able to help you out. Just make sure you do your research, so you know you’re getting a good deal. The last place you want to go for money is the pawn shop. Yes, it’s true that in many states, a pawn shop loan won’t require collateral, but the interest rates are higher than what most banks will charge. That’s not even considering how much of your cash you’ll end up forfeiting if you don’t repay on time.

Overdraft Protection

If your business has a checking account, you may be able to sign up for overdraft protection. This means that if you try to make a purchase and there are insufficient funds in your account, the transaction will still go through. There may be a fee associated with this service, but it can be worth it if you’re worried about an emergency situation arising. With today’s economy, new businesses might have trouble securing funding from banks or other institutions. In order to keep their company afloat during a financial struggle, entrepreneurs need to look at alternative sources for fast cash like working with a small business lender.

Credit Card Cash Advances

In an emergency, your business may need fast cash. One way to get fast funding is to use a credit card cash advance. This is when you use your credit card to withdraw cash from an ATM or bank. The funds will show up in your account immediately, but you will be charged a fee and interest. If you are in a financial struggle, this can be a way to get fast funding for your business. However, it is important only to use this method as a last resort as it can be very expensive.

Overdraft Lines of Credit

An overdraft line of credit is a great way to get fast funding in an emergency. However, there are some drawbacks to this type of financing. First, you will need good credit to qualify for an overdraft line of credit. Second, the interest rates on overdraft lines of credit can be high. Third, you may be required to pay fees if you use the line of credit too frequently. Fourth, you may be required to put up collateral to secure the line of credit. Fifth, the line of credit may be canceled if you miss a payment. Sixth, the lender may require you to open a new account with them in order to get the line of credit. Seventh, the lender may charge a monthly fee for having the line of credit available to you. Eighth, lenders usually limit how much money they lend through these lines and give them out based on your income and assets. Ninth, if your business fails, then it’s likely that your personal assets would be liquidated in order to repay any debts related to the business. Finally, one benefit is that overdraft lines of credit typically come with low approval standards so most people should qualify for one.

Get what you need for your clients

Any business growth can be severely hindered by the lack of cash flow. Merchants rely on the professionals at Waterview Capital when they require urgent funding to support their business. We’ll work with you to identify the ideal same-day funding option to propel you and your clients toward success. Waterview Captial is backed by years of company funding expertise.

Your premier source for Working Capital

When merchants need fast funding to help their businesses grow, the experts at WaterviewCap.com are ready to help. We offer same-day funding to provide ISOs the tools they need to help their clients succeed!

Get the funds you need — fast!

Don’t wait around for funding. Get the money you need fast with same-day business funding from Waterview Capital.

At Waterview, we know busy business owners can’t wait around for funding. That’s why we offer some of the fastest decisioning in the industry. With quick approvals and same-day funding, ISOs can get the funding they need to support their clients right away! Find out more at Waterviewcap.com.