Just a few thoughts:
1) Many small to medium sized businesses are undercapitalized. Don't be one of them.
2) Debt rates remain at historical lows. If you can secure long term debt at an attractive, fixed interest rate, probably a good idea
3) Only accept money from a "silent partner" if they bring something more than money to the table
4) If your cost base on the business is low, another potentially attractive form of financing comes from forming and Employee Stock Ownership plan. For this to make sense, you should have over 50 employees and a fairly consistent lever of profits. The tax advantages of this are HUGE.
If you would like to discuss further, I would welcome a call. I hope this is helpful...
Is this answer helpful? Schedule a free consultation with Bill.
The Support You Need for Extraordinary Results
Business leaders shoulder immense responsibilities — from building client relationships to driving performance to fostering innovation. GUILD offers instant access to relevant experts, to help them overcome key challenges and tap fleeting opportunities.
We value your time. Our goal is to find the right expert for your needs – fast.
To Validated Experts
We prequalify every consultant on our website, and endorse them with our service guarantee.
Anywhere in the country
Constrained by local expertise? We help you hire the top specialists for best results.
1. Search & Shortlist
Search by the expertise you seek. Browse relevant profiles, and shortlist candidates.
2. Register to Schedule
Register as a client to schedule free initial consultations.
3. Choose an Expert
Choose your consultant and mutually decide the scope of work. We can help.