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10 Quotes to Help You Understand the Crucial Nature of Having a Viable Business Finance Plan

Finance Quotes

In the event that you are someone who is looking to start a business venture, then it is of immense importance that you should have a viable strategy of financing your business. This financing is crucial if you want to fund your business enterprise successfully. In this article, you will learn about some inspirational quotes about finances that will help you to jump-start your business financing scheme.

There are a lot of different potential options for financing which is available to the cash-strapped business ventures which require a proper and healthy dosage of working capital. The first option that most business owners think of is a bank loan and a line of credit, and for a lot of businesses, this can, in fact, be their best option. However, in the uncertain times of today with regards to the bad business, economic and the regulatory environments it can become incredibly difficult to even qualify for bank loans. This is completely true for the startup companies and those companies which have experienced various types of financial difficulties in the past. There are times when certain business owners who do not qualify for bank loans decide on seeking the venture capital and in bringing in the equity investors, and this can also be a viable option for them. There are certainly potential benefits that you can have by bringing in venture capital and angel investors in your business, but there are also certain drawbacks. It is unfortunate that business owners do not think about such drawbacks until it is too late.

Some Quotes by Famous Personalities on Financing

1. In almost every profession – whether it’s law or journalism, finance or medicine or academia or running a small business – people rely on confidential communications to do their jobs. We count on the space of trust that confidentiality provides. When someone breaches that trust, we are all worse off for it. ― Hillary Clinton

2. Under capitalism, man exploits man. Under communism, it’s just the opposite. ― John Kenneth Galbraith

3. Money is like love; it kills slowly and painfully the one who withholds it and enlivens the other who turns it on his fellow man. ― Kahlil Gibran

4. The way to become rich is to put all your eggs in one basket and then watch that basket.  ― Andrew Carnegie

5. The way to make money is to buy when blood is running in the streets. ― John D. Rockefeller

6. If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability. ― Henry Ford

7. A budget tells us what we can’t afford, but it doesn’t keep us from buying it. ― William Feather

8. Finance is not merely about making money. It’s about achieving our deep goals and protecting the fruits of our labor. It’s about stewardship and, therefore, about achieving a good society. ― Robert J. Shiller

9. In this world, nothing can be said to be certain, except death and taxes. Benjamin Franklin

10. Beware of little expenses. A small leak will sink a great ship. ― Benjamin Franklin

Here are two more supplementary quotes.

The stock market is a device for transferring money from the impatient to the patient. Warren Buffett

Don’t tell me where your priorities are. Show me where you spend your money, and I’ll tell you what they are. ― James Frick

If you are a new business venture owner, then there is a high chance that you too will be looking for options for getting more funds for financing your business. You may consider taking some business financing loans. But a lot of business owners fail to negotiate properly and end up taking loans with bad deals which make them pay a lot of interest and also the schedule for repayment is low. Under these circumstances and situations, you can consider taking a debt consolidation loan to repay your loans and save your business. You should visit https://www.nationaldebtrelief.com/debt-consolidation/ to learn more about debt consolidation loans from the best industry professionals who have years of experience and expertise.

Conclusion

In this day and age, it is very difficult for a business owner to successfully finance his business during the initial period of starting. You can have several options for getting finances and funds. You may consider taking business loans also. In the event that you do take business loans and are unable to repay them on time then you can consider going for a debt consolidation loan. Financing is crucial for your success, and you will need support from investors to ensure that your business gets more success. Hopefully, the information mentioned in this article will have helped you.

 

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