Q&A
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What is the one thing a new entrepreneur cannot overlook or think they can hold off until later when starting a business?
EXPERT: Alan Hughes
Oh, there are so many things. But one of the main reasons new businesses fail is that they simply run out of money. In many cases, they run out of money and/or because of cash flow problems.
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How can I make my financials appealing to investors/banks? I have a finished business plans but need help with the financials.
EXPERT: Alan Hughes
The first thing you need to do is connect with a business accountant. One of the first things any investor or business banker will look at (other than your business plan) is your income statement.
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What advice can you provide to a young entrepreneur when it comes to loans from commercial banks? Are there any Red Flags to watch out for?
EXPERT: Alan Hughes
Whenever someone asks me this question, my response is always that entrepreneurs who are in your industry would have better insight than I would.
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Why do I need a business plan?
EXPERT: Tina Wells
Great ideas—many of us have them. Some undoubtedly will be better, and better executed, than others….
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How do I manage my budget for my business?
EXPERT: Lynnette Khalfani-Cox
African-Americans are starting new businesses in record numbers. If you’re planning to launch a company in 2012, you need a financial game plan…
COURSES
Week 8
- Finding balance | Air date: June 18, 2012
- The part-time entrepreneur | Air date: June 19, 2012
- Getting organized | Air date: June 20, 2012



























