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Posted January 7, 2012
Recommended for new or experienced business owners!
Being a long time business owner, entrepreneur, and general observer of business needs, my perspective on so-called "valuable" business books could be described as jaded. I have long since decided that whatever the current must read, trendy business book happens to be, it is often nothing more than trite phrases in chapter form packaged for the naive, new business person who will buy anything when searching for help. Most fail miserably in providing help. Some border on dangerous.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
"Get Financing Now" by Charles H. Green provides true help in obtaining financing but it doesn't stop at telling the reader what to do. Much more importantly, in my opinion, are the explanations on what goes on in the background, i.e., the "why's". Honestly, a hard truth is that banks and other funding sources are time consuming to deal with but this book helps tremendously in relating the various pieces, e.g., assets, use of proceeds, collateral, etc. (and etc…). Who better to explain these interlocking elements than the author who has had a career as a banker and venture capitalist?
This book's honesty is highlighted by a concept I don't recall reading in any small business financing book. The concept? Mr. Green's words are "Profitable Revenues Are Still The Best Financing". Many who wish to begin a business have the mistaken impression they can borrow their way to a business. Wrong. The core of a business is selling a profitable product or service in ever increasing amounts. All other success including obtaining financing will come after this basic pattern is established.
I strongly recommend "Get Financing Now" by Charles H. Green.