Entrepreneurs Guide Finance Your Business or Startup in 2022 from Udemy

What's inside

Learning objectives

You will know over 30 of the most popular ways to finance your business or startup
You will be able to use the top strategies to get your banker or investor to say yes!
You will be able to find the financing options that fit your specific industry or business needs

You will be able to use specific strategies and secrets to getting financing from the top sources
You will know the difference between traditional financing options and new financing options
You will be able to overcome previous rejections and learn new ways to find financing

You will know over 30 of the most popular ways to finance your business or startup
You will be able to use the top strategies to get your banker or investor to say yes!
You will be able to find the financing options that fit your specific industry or business needs
You will be able to use specific strategies and secrets to getting financing from the top sources
You will know the difference between traditional financing options and new financing options
You will be able to overcome previous rejections and learn new ways to find financing

Syllabus

Introduction to course

Introduction to how to finance your business or startup!

Welcome to the course! So glad you are joining us! I have a special bonus for active students! Check it out!

Develop a list of actions that can be taken well in advance of asking for business funding. A student will be able to increase their chance of getting financing by preparing well in advance of asking.

These are the questions to think about before you start asking for money to start your business. What kind of business are you starting? Do you need a business plan? Your personal credit score and more!

Prepare before you start asking for money to start your business. What kind of business are you starting? Do you need a business plan? Your personal credit score and more!

Continuing with questions to ask yourself...How much money should you invest in a new business? Think big, but start small! Be intentional, and so much more!!

Set up an initial startup budget for your business so you know how much money you need for financing. Yes, it can be estimated! The Microsoft Excel file is attached for doing this and the next lecture explains how to use it!

I guide you through setting up your business budget using this handy and included Excel spreadsheet. You'll find it as a download resource in this and the previous lecture.

Action items: What are you going to do over the 30 days to get started? I've included a pdf worksheet just for this section, which is also a part of the full pdf bonus version at the end of the course. There are blanks available to add your notes and timeline. Do you need to get that item accomplished or not, put a date on it to get it completed or an action item toward completing that goal with a date.

Got a question as we are just beginning this course, post it on the discussion board or create one! If you have tips to share with your fellow students on what to do before asking for business financing, please share that to the discussion boards as well. If you are already getting value from this course, please leave me a quick review with comments before moving on to the next section.

Links to helpful resources for this section!

Action items: What are you going to do over the 30 days to get started? Here is a pdf worksheet just for this section, which is also a part of the full pdf bonus version at the end of the course. There are blanks available to add your notes and timeline. Do you need to get that item accomplished or not, put a date on it to get it completed or an action item toward completing that goal with a date.

By following the actionable steps in this section, a student will be able to confidently approach a potential business financing source such as a bank, venture capitalist, Angel investor and more!

In this section I cover special inside tips I've used to secure over $250,000 worth of traditional financing through my bank and leasing. I also cover Angel Investors, Venture Capital VC and factoring.

Some of my best content in this course is in the next 2 sections on financing your business through a bank! I have extensive experience with getting financing at my local bank and I share all of my secret tips to getting the money you need!

This section covers negotiating the terms to get the best deal from your bank, co-signers and an extensive list of questions you need to know the answers to before approaching your bank. You can literally take the answers to these questions and put them on the loan application and/or in your business plan!

This section wraps up the traditional ways of financing your business or startup including factoring and accounts receivable financing, leasing, partners, angel investors, and venture capital (VC)!

I hope you took some great notes on this section on traditional ways to finance your business or startup! I covered going to your bank or credit union, angel investors, venture capitalists and more!

Slides with notes for action items: What are you going to do over the 30 days to move forward on the items covered in this section? Here is a pdf worksheet just for this section, which is also a part of the full pdf bonus version at the end of the course. There are blanks available to add your notes and timeline. Do you need to get that item accomplished or not, put a date on it to get it completed or an action item toward completing that goal with a date.

How to find the federal and state business financing programs in their area. What the SBA is and links to their valuable resources and financing programs!

There are so many government programs available to help with business financing. The Small Business Administration (SBA) has many different loan programs available, but there are also programs through your state, county and city as well.

I cover what a great resource the Small Business Administration (SBA) is and share my experience getting an SBA guaranteed loan. Plus, is there free money or grants available for your business?? I'll cover that too and other special financing programs for women, minorities, veterans, and more.

Helpful links to resources for this section!

I covered several government programs available to help with business financing. The Small Business Administration (SBA) has many different loan programs available, but there are also programs through your state, county and city as well.

You will be able to identify what new ways of financing are available for your business or startup. Plus have a specific list things to do to increase your chance of receiving crowdfunding financing.

In this section I cover some of the newest ways to finance your business. Crowdfunding is one of the fastest growing methods to finance your business or startup. I cover tips on having a successful crowdfunding campaign whether it is on Kickstarter, GoFundMe, or Indiegogo. I also cover online lenders such as Kabbage, Paypal Working Capital, and online factoring, micro credit, business incubators/accelerators and entrepreneurship contests!

I share the most popular crowdfunding options like Kickstarter, Indiegogo, & Go Fund Me. Plus you'll get 6 actionable steps to increasing your chances of getting funded through crowdfunding!

Not to be confused with crowdfunding, there are also online lenders such as Kabbage, Paypal Working Capital & Square Capital. Plus online factoring sources like Bluevine and Fundbox are covered as well as micro credit (also known as micro lending or micro finance) sources like Grameen America and Kiva!

Wrapping up the new ways to finance your business or startup! I cover Peer to Peer Lenders (P2PL) such as Prosper and Lending Club, Small business incubators or accelerators including the National Business Incubation Association (NBIA) and entrepreneurship contests like MIT's $100K Pitch, Accelerate and Launch Competitions and 43 North!

Wrapping up this section on new ways to finance your business or startup!

You will be able to identify some classic and more unusual ways to finance your business and startup. You will learn how to get your customers to finance your business, bootstrapping, family financing

Introduction to bootstrapping to finance your business, self-financing, getting your customers to finance your business and much more!

Bootstrap finance your business or startup, start a simple business to fund your dream business, freelance and more!

More classic and unusual ways to finance your business! Asking your friends, family and customers to finance your startup and more!

What questions do you have about these financing techniques? Be sure to post them to the discussion forum and also share your classic and unusual ways to finance tips with your fellow students!

Wrapping up the course and bonus material

Conclusion of how to finance your business or startup!

Links to special offers on my other courses!

Slides with notes for action items: What are you going to do over the 30 days to move forward on the items covered in this course? Here is a pdf of the entire course slides. There are blanks available to add your notes and timeline. Do you need to get that item accomplished or not, put a date on it to get it completed or an action item toward completing that goal with a date.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Explores over 30 ways to finance entrepreneurship, which is standard in industry

Taught by Tom Kenemore, who is recognized for their work in securing funding

Develops skills for getting financing from the top sources, which are core for business

Examines specific strategies and secrets, which are highly relevant to securing business financing

Teaches participants how to overcome previous rejections, which is helpful for entrepreneurs

Requires participants to have a basic understanding of business finance

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Entrepreneurs Guide Finance Your Business or Startup in 2022 with these activities:

Develop a financial projection for your business

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Create a blueprint for your business's financial future, allowing you to make informed decisions and secure funding.

Browse courses on Financial Projections

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Gather historical financial data and industry benchmarks.
Estimate future revenue streams and expenses.
Use financial modeling tools or spreadsheets to create projections.
Analyze the results and identify potential risks and opportunities.
Present your financial projections to potential investors or lenders.

Show all one activities

Career center

Learners who complete Entrepreneurs Guide Finance Your Business or Startup in 2022 will develop knowledge and skills that may be useful to these careers:

Venture Capitalist

Venture capitalists invest in early-stage businesses. They may work with businesses in a variety of industries, including technology, healthcare, and consumer products. Venture capitalists may specialize in a particular area, such as seed-stage investing, growth-stage investing, or late-stage investing. This course can help you develop the skills you need to be a successful venture capitalist, including financial analysis, valuation, and due diligence. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Financial Analyst

Financial analysts provide businesses with financial advice. They may work with businesses of all sizes, from startups to large corporations. Financial analysts may specialize in a particular area, such as investment banking, corporate finance, or asset management. This course can help you develop the skills you need to be a successful financial analyst, including financial modeling, valuation, and risk assessment. The best skills for this role are problem-solving, analytical thinking, and strong communication skills.

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Investment Banker

Investment bankers help businesses raise capital. They may work with businesses of all sizes, from startups to large corporations. Investment bankers may specialize in a particular area, such as mergers and acquisitions, capital markets, or private equity. This course can help you develop the skills you need to be a successful investment banker, including financial modeling, valuation, and negotiation. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Private Equity Investor

Private equity investors invest in businesses that are not publicly traded. They may work with businesses of all sizes, from small businesses to large corporations. Private equity investors may specialize in a particular area, such as leveraged buyouts, growth equity, or distressed investing. This course can help you develop the skills you need to be a successful private equity investor, including financial modeling, valuation, and due diligence. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Risk Manager

Risk managers identify and assess risks that could affect a business. They may work with businesses of all sizes, from small businesses to large corporations. Risk managers may specialize in a particular area, such as financial risk, operational risk, or compliance risk. This course can help you develop the skills you need to be a successful risk manager, including risk assessment, financial analysis, and project management. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Business Analyst

Business analysts identify and analyze business needs. They may work with businesses of all sizes, from small businesses to large corporations. Business analysts may specialize in a particular area, such as process improvement, systems analysis, or data analysis. This course can help you develop the skills you need to be a successful business analyst, including project management, data analysis, and process improvement. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Data Analyst

Data analysts collect, analyze, and interpret data. They may work with businesses of all sizes, from small businesses to large corporations. Data analysts may specialize in a particular area, such as data mining, statistical analysis, or machine learning. This course can help you develop the skills you need to be a successful data analyst, including data analysis, statistical modeling, and machine learning. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Auditor

Auditors examine financial records to ensure that they are accurate and complete. They may work with businesses of all sizes, from small businesses to large corporations. Auditors may specialize in a particular area, such as financial auditing, operational auditing, or compliance auditing. This course can help you develop the skills you need to be a successful auditor, including auditing, financial accounting, and risk assessment. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Accountant

Accountants prepare and maintain financial records. They may work with businesses of all sizes, from small businesses to large corporations. Accountants may specialize in a particular area, such as tax accounting, auditing, or financial planning. This course can help you develop the skills you need to be a successful accountant, including financial accounting, auditing, and tax planning. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Business Consultant

Business consultants advise businesses on how to improve their performance. They may work with businesses of all sizes, from startups to large corporations. Business consultants may specialize in a particular area, such as marketing, finance, or operations. This course can help you develop the skills you need to be a successful business consultant, including financial analysis, marketing, and business planning. The best skills for this role are negotiation, problem-solving, and effective communication.

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Compliance Officer

Compliance officers ensure that businesses comply with laws and regulations. They may work with businesses of all sizes, from small businesses to large corporations. Compliance officers may specialize in a particular area, such as financial compliance, regulatory compliance, or environmental compliance. This course can help you develop the skills you need to be a successful compliance officer, including compliance auditing, risk assessment, and project management. The best skills for this role are analytical thinking, problem-solving, and strong communication skills.

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Software Engineer

Software engineers design, develop, and maintain software applications. They may work with businesses of all sizes, from small businesses to large corporations. Software engineers may specialize in a particular area, such as web development, mobile development, or data science. This course may help you develop some of the skills you need to be a successful software engineer, including problem-solving, analytical thinking, and software development. However, it is important to note that this course does not teach software development.

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Product Manager

Product managers oversee the development and launch of new products. They may work with businesses of all sizes, from small businesses to large corporations. Product managers may specialize in a particular area, such as product development, product marketing, or product management. This course may help you develop some of the skills you need to be a successful product manager, including problem-solving, analytical thinking, and project management. However, it is important to note that this course does not teach product management.

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Data Scientist

Data scientists collect, analyze, and interpret data. They may work with businesses of all sizes, from small businesses to large corporations. Data scientists may specialize in a particular area, such as machine learning, statistical modeling, or data visualization. This course may help you develop some of the skills you need to be a successful data scientist, including problem-solving, analytical thinking, and data analysis. However, it is important to note that this course does not teach data science.

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Mobile Developer

Mobile developers design, develop, and maintain mobile applications. They may work with businesses of all sizes, from small businesses to large corporations. Mobile developers may specialize in a particular area, such as iOS development, Android development, or cross-platform development. This course may help you develop some of the skills you need to be a successful mobile developer, including problem-solving, analytical thinking, and mobile development. However, it is important to note that this course does not teach mobile development.

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Web Developer

Web developers design, develop, and maintain websites. They may work with businesses of all sizes, from small businesses to large corporations. Web developers may specialize in a particular area, such as front-end development, back-end development, or full-stack development. This course may help you develop some of the skills you need to be a successful web developer, including problem-solving, analytical thinking, and web development. However, it is important to note that this course does not teach web development.

See salaries and explore the career path for Web Developer