Start-Up Saturday - Financing Your Business hosted by the LA Metro Chamber
Do you have a great business idea – but need someone else to fund it? With the right tools & preparation, you’ll set yourself up for success in locating the funding you need to launch. We’ll walk through important financing concepts, such as: Commercial Lending, Debt vs. Equity, Angel Investors, Bootstrapping, Building Your Sources & Uses, and Working Capital calculations. Most importantly, however, we’ll discuss how these considerations, when clearly presented in your business plan & financial projections, open the door to approach & communicate with potential investors. The number one reason small startups fail is due to under-funding; don’t let that be you!
Raynor Large is the Center Director for Maine SBDC at AVCOG. Prior to joining the SBDC in 2019, Raynor worked for a small local firm and used financial modeling to help small business owners through a wide variety of situations – transitions of ownership (both internal & external), entrepreneurial startups, bankruptcy (restructuring & liquidation), court-appointed receiverships, explosive growth opportunities, acquisitions, refinancing, turnaround, and more.
Join us for networking, peer support, and formal mentorship opportunities with Director of Economic Development Scott Benson mentors from the entrepreneur ecosystem of supports. This is a monthly, free event to nurture and grow business start-ups and entrepreneurial ideas. This event is held through zoom. Information regarding the 2021 Top Gun program will be available, and application technical assistance will be provided.