As part of our panelist interviews for the GrowSmartBusiness Webinar, we interviewed Kelly Muccio, Founder of Lost Boys, a fashionable clothing store in Georgetown. Kelly was recently featured featured in the Wall Street Journal, an indicator that her small business is thriving. Here she sounds off on some of the small biz challenges revealed in the Small Business Success Index. You can register for the GrowSmartBusiness Webinar at www.growsmartbusiness.com/webinar.
1. What do you think is the most challenging aspect of raising capital for a small business?
Especially during turbulent economic times, convincing a lender to believe in your business is challenging, especially for new businesses. But what people forget about is the fact that lenders are always looking for great investment opportunities. Pitching an idea without any financial history is tough but a strong idea, a sound business plan, and thorough due diligence will always peak a lender’s interest.
READ the rest of the interview at Grow Smart Business…
IN THE MEAN TIME….
Register for the GrowSmartBusiness Webinar at www.growsmartbusiness.com/webinar.
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