Bristol, UK ( PressReleaseCollection ) February 09, 2009 -One of the major hurdles for budding entrepreneurs is to access business development finance. According to Roger Hamilton, creator of Wealth Dynamics, problems getting startup finance may be a symptom of a lack of a market for your business ideas.
When traditional sources of capital are reluctant to lend, you need to review your business ideas. Lenders always assess the probability that your business ideas will be successful before handing over cash, so when they refuse, it may be your business ideas that are the problem.
While this is disappointing it doesn’t have to be the end to your entrepreneurial dreams. Hamilton says that when you are unable to find business development funding, it is the perfect time to reassess your original business plan and alter your business ideas.
In his recent business TV show on yourBusinessChannel, Hamilton shares his own experience with difficulties in obtaining business development finance.
Hamilton also discusses how business development capital can be found outside the realm of traditional business lending. When you have a great business idea but you are tied up for cash, there are other ways for finding finance.
In the show, Hamilton shares a personal experience with viewers. He had a brilliant business idea that needed funding, and was able find funding in an unlikely place, then used this to start up his successful business.
According to Hamilton, you need to be smart about how you obtain finance. You will often have to ask a few places for finance before you can secure your business development capital. However, when you have been trying for a prolonged period of time without success, this is when you must seriously assess your business ideas.
For more of Hamilton’s shows, and more advice on how to start up a business, watch the business TV shows on yourBusinessChannel.
Further links/information:
* View this and other business TV shows featuring business experts.
* News about the latest expert business advice and upcoming business TV shows.
* Business television on your website or blog.
Contact:
David Chandler
yourBusinessChannel
England,UK
+44 (0) 870 041 0459
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