In a discussion this week with the owner of another company, I was surprised to hear the following fact: It’s easier to borrow $5 million than it is to borrow $50 thousand. In fact, if all you want is $50,000 then most lending institutions are not really interested in your business. Surprised, I went to [...]
Elie Kochman is the author of Advice for Small Business Owners and the founder of Optimal Upgrade Consulting. Using his experience working in the corporate world along with his exposure to the world of small businesses, he writes these articles to assist others avoiding common pitfalls of growing a business. His experience in the corporate world, building his own business, and working directly with other growing businesses has given him some perspective on the trials and pains of running a business.
