Timing can be a funny thing! For years I’ve been thinking about starting a blog and now that I’m ready the world of business finance has been flipped on it’s head. I was going to warn business owners against borrowing from online lenders who promise quick and easy money for little information or collateral. There’s no need to write about that now as most of those lenders will soon be out of business.
I’ll be blogging about what I know best and that’s tried and true ways to finance a business. If you are reading this, then you are likely someone who works with and supports business owners. We don’t know how bad things will get but we do know that one day everyone will be back at work. Entrepreneurs will need our help to restart, turn themselves around and take advantage of the opportunities which will be there.
Small, medium and large sized business owners are faced with similar challenges but what they have in common is the need to make a sale, get paid and then make another sale. If they become good at that, learn to understand cashflow and develop an honest respect for working capital, then they have a good chance of succeeding.
Up until a month ago I was feeling like an old fashion finance guy in a Fintech world. I thought that maybe my industry had been “disrupted”. I no longer think that. Today I believe the business world will need to get back to the basics and it will need people like you and me to guide them.
I’m looking forward to sharing my knowledge, thoughts and ideas with you as we enter unknown and uncertain times. I have a lot to share and will be posting every few days. Please subscribe if you are interested in seeing where this takes us. I’m also looking forward to your feedback and questions. Wish us all good luck!