9/24/2021 Tip: Seller Financing | Growthink

9/24/2021 Tip: Seller Financing

Today’s Quote

“Entrepreneurship is the last refuge of the trouble making individual.”
~ Natalie Clifford Barney

 

Today’s Tip

In my Truth About Funding fundraising training program, I go through the 41 proven funding sources for entrepreneurs so you can choose the ones that are a fit for your company. In this week’s tips, I’ll tell you about some of these options.

Seller Financing

One way to start a business is to buy an existing business. Existing businesses often have many benefits such as an established customer base and existing employees.

If you want to buy a business, a great source of financing is seller financing. Depending upon the business, the seller may be willing to finance the majority of the purchase price. In this case, you will make periodic payments to the previous owner much like you pay off a bank loan.

 

Today’s Resource

The Funding Pyramid™

I discovered and trademarked The Funding Pyramid formula a few years ago.

This is how it works  <–

It’s the precise formula I discovered and have used to help entrepreneurs and business owners like you raise billions of dollars. 

I lay out precisely how The Funding Pyramidworks, and how to use it in your business today.

 

Trivia

Today’s Question: Which of the contiguous 48 states was the last to be explored? 

Previous Question: What house is the second most visited home in the United States, out-visited only by the White House?

Previous Answer: Graceland.

Graceland is the home of Elvis Presley in Memphis, Tennessee.
 

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