This one is pretty law geeky, so stay with me. When you go to raise money for your company, you have to decide what you are going to give your investors in exchange for their cash. Your choices are usually a promissory note (if you call the cash a…
On January 10, Josh Gutstein from the Chicago Minority Business Center joined us on the Profit and Laws Radio Hour. Josh helps small businesses find cash. Here are 5 killer tips to get loans for your business. Do your homework. Know how much cash you need and…
If you borrow money, you may expect that the terms of the loan, including the loan amount, payment terms, interest rate and all other terms, are listed in the cover letter. The rest of the documents may look like inaccessible lawyer filler that have no bearing on your conduct. …
