Making Sure You Go The Distance

Show you've planned for the long haul by having a succession plan in place

etc., as well as to remind yourself just how good you really are.

Keep the bank in the loop.

Don’t hit your lender or investor cold with a request for money. Start building early interest by regularly updating them on your progress. This gives the impression that you don’t really need money (always the best time to raise it). By the time you do ask, that bank may be hooked. At that point, go with business plan in hand and close the deal.

To obtain back issues containing other parts of this series, please call our circulation department at 212-886-9568.

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