10 Ways to Find Money for Your Project!

There are many ways to find money for your business or project. I will be talking about how to do that. No, I won’t be going with the ask your uncle for money. If you had an uncle who could give you the money, I am sure you would have done it by now. There are some new things happening that allow people to get money for projects. Some of it is bootstrapping but some of it is not. If you are frustrated trying to get the money together or every time you get the money together, something happens to take you off track, then you need to attend.

I will share with you one strategy that I will NOT be covering at the workshop. I appreciate you stopping by the page and want to give you value no matter what you decide to do. If you are already in business but need more money at your fingertips then consider this:

Sell Your Invoices to Improve Cash-Flow

It’s also called invoice factoring or factoring. Waiting for payment on goods already delivered can make a small business’ cash-flow tight. Using invoice factoring is an effective strategy to moderate the ups and downs of the billing cycle, yet only one fifth of qualifying businesses take advantage.
There are several types of invoice factoring, including debt factoring, which can help with salaries, tax payments and other financial demands on your business during the slow parts of the billing cycle.

Invoice factoring explained
Financing by invoice factoring similar to invoice discounting; it’s a business to business service leveraging invoices of sold goods to get cash now. Invoice financing, technically not borrowing, involves the financing business buying invoice receivables at a discount. Payment collection from the customer becomes the factor’s responsibility. By including a non-recourse clause in your agreement, they also take responsibility should the customer default. Be sure to deal with a reputable factoring company. They will be dealing directly with your customers.

How it works
Before your customer makes payment on their invoice, the factoring services company purchases the invoice at a discount, often 70-90 percent of full value. Once the factoring company collects from the customer, they’ll take an agreed upon service fee and return the balance to your company.

Why it works
There are several reasons invoice factoring is an effective option for your business.
You can receive immediate payment for invoices, better managing cash-flow over longer billing cycles.
Receive cash without effecting your credit rating. It’s still best to compare rates and charges to traditional financing options, like banks.Invoice factoring helps manage risk. you can pay bills and salaries on time, and have the cash on hand for unexpected expenses.
Moving collections to the factoring company gives you more time to work on money generating activities.

Potentially save money. Costs associated with invoice factoring can be more than offset by reducing your collection management costs, because the factoring company manages the process. Good’s factoring companies ensure customers pay on time, shortening the payment cycle.
Your ability to access more cash with invoice factoring grows as you increase your sales. As your invoices grow larger, your invoice financing increases. Stop renegotiating borrowing rates and credit limits with banks. By smoothing the ups and downs in cash-flow and allowing you to make payments when they’re due, invoice financing can decrease stress levels.

Let’s get you on the track to making your dreams come true. The Los Angeles Workshop is April 16, 2016 and ticket prices benefit the Celebrate Life Cancer Ministries.

TATYANA IN SHOE PRINT at Gwynnie Bee

This was a lovely dress to wear and looks great. I wore it to 72 hours of Power. The fabric is light, so if you are somewhere  where it’s snowing be sure to wrap up! It fits well and I live the peek-a-boo slits and the cross bands on top.

You can find this and more at GwynnieBee   Get 30 Days of clothes free with this link 

Pamela Renee Hall Purifoy Reviews the HLIC Movie

Dr. Letitia Wright, I know I thanked you privately after viewing the film you created and produced, HLIC (Head Lady In Charge), but I must give you your flowers publicly. I salute you for your vision, mission and selection of the women whose stories you told. Let me tell you, HLIC will FREE many women from all types of issues. Whether it’s domestic violence, child molestation, parenting a challenging child, workplace bullying, women (and men) viewing HLIC will gain valuable insight, and be inspired by the women featured. Marc Lee, who is responsible for selecting HLIC to be included in the annual Hayti Heritage Film Festival, was the special person who allowed this film to be shown to a diverse audience. I saw caucasian men and women, visibly moved by the film. I see the HLIC movie being used as a tool to save and transform women all over the United States! It is possible! Thank you for creating a quality movie, done with love and in a spirit of excellence!

I was thankful to see her send me a note on Facebook about the movie. I was not even at this event! This was an event that Cast Member Laticia Nicole set up. She also provided the cake afterwards. Thank you Laticia Nicole!

 

I am working on Rise of the Womanpreneur in which several women will be featured and I am also talking to people about
having their own documentary which could be focused on them. IT’s a game changer. In a world full of books…. be the movie! If you are interested in something like this for your personal life or business, Let’s talk! Find a time that works here: http://www.BigScreenBlueprint.com

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