![]() There are a number of formulas to assist you in better analyzing the health of your business. This includes using your own money to support your business to taking out a business loan from the bank. Non-Equity financing defines self-financing (bootstrapping) and debt/bank financing. All these forms of financing involve raising money from outside investors by giving away a stake of your company or being charged management/performance fees. How you decide to fund (or finance) your company can make or break your success.Įquity financing encompasses angel investments, venture capital, and strategic financing. ![]() If you own more than you owe then your company is healthy, on a very simple surface level. ![]() If you owe more than you own, then you are in a little trouble. It’s important to know the difference between what you own and what you owe because that separation judges the health of your brand. ![]() Your Equity is how you finance your business. Your Assets + Your Liabilities = Your EquityĬan I just stress how much this should be ingrained in your head? Your assets (what you own) added to your liabilities (what you owe) equals what you have. Here is a list of some of the best finance tips for your fashion business. But not you ,because you know better! Finding all the finance advice you need is time consuming and hard work, we could all use a little cheat sheet. The word finance is enough for some designers to crawl underneath their sewing machine and say they’re never coming out.
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