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Small Business Sites (WSJ)

Yes, I was reading the Wall Street Journal yet again (I told you I read it every morning!), and came across an article regarding useful small business web sites. I’ve seen similar articles in Inc and on Mashable, and I have passed on to you the websites I believe are highly relevant, especially with respect to small business financing. Well, here I go again. Following is my paraphrasing of portions of the WSJ article, Useful Sites for Small Companies.

VentureHacks.com/articles/presentation-hacks – Very specific, eh? It doesn’t just refer you to Venture Hacks but to a 20-minute financing presentation by an angel investor. The well known tech angel investor offers presentation tips to entrepreneurs and owners of small but growing businesses seeking equity investors. Those tips include the importance of thoroughly knowing your subject and good presentation skills. (A brief signup with Toastmasters anyone?)

 

 Kickstarter.com – If you are in a creative field (food, entertainment, etc.) and are producing a tangible product, you should check this site out. This site draws investors (or “backers” as the WSJ calls them, like the term used for investors in broadway musicals) who “pledge money to products of interest.” Kickstarter helps the entrepreneur determine a funding goal (what do you need and how much money do you need to raise to get it?) AND helps you craft a pitch to get it. I think these are both great. I know many entrepreneurs who pull a number out of the air (I was going to use a bodypart, but “air” is much nicer!) and can give you absolutely no information as to where it came from or why they need that amount. And I know those who know what they want but either have no sales or persuasion skills or think interesting investors is exactly the same as selling their product. So kudos to Kickstarter for helping entrepreneurs overcome those obstacles.

 

 

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About Tiffany C. Wright

Hi! I,Tiffany C. Wright, am the author of the ebook, "Help! I Need Money for My Business Now!!" and the book "Solving the Capital Equation: Financing Solutions for Small Businesses", available on Amazon. I am the president of Toca Family Business Services, a short-term & project-based interim management & strategic and financial advisory firm, located in Atlanta, Georgia. In the past five years I've helped small and medium companies restructure and obtain over $31 Million in financing and a similar amount in purchase orders and contracts. I have an MBA in Finance and Entrepreneurial Management from the Wharton School of Business at the University of Pennsylvania and a B.S. in Industrial and Systems Engineering from The Ohio State University. Personal: I enjoy investing. I am a prodigious reader of everything from business books, magazines, and newspapers to horror and popular fiction. I read 4-6 books per month. I also love to travel. I've been to 33 countries on 5 continents and lived in Japan for 2.5 years and aim for a foreign locale twice a year. I am also an athlete and run track on the Master's Circuit. The highlight was placing 7th in my age group in the 2007 World Master's Track and Field Championships in Italy.

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The Resourceful CEO, Tiffany C. Wright

the president of Toca Family Business Services, a strategic and financial advisory firm which provides short-term & project-based C-level management. She is the author of Solving the Financial Equation: Financing Solutions for Small Businesses, available on Amazon.

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