My friend Chuck Huckaby sent along this idea, a technique for funding a business expansion without going the bank loan route. Tourism businesses with a loyal group of repeat visitors could use it, too.
Read more at Can You Use This Technique To Fund Your Business Expansion?
New to SmallBizSurvival.com? Take the Guided Tour. Like what you see? Get our updates.
- How has 2020 changed the challenges rural small towns face? Tell us here - October 20, 2020
- The Idea Friendly Method to surviving a business crisis - October 6, 2020
- Join me for the Rural Renewal Symposium online Oct 13 - September 26, 2020
- Cheap placemaking idea: instant murals - September 11, 2020
- Refilling the rural business pipeline - July 7, 2020
- Huge vacant buildings: grants to renovate? - June 9, 2020
- Economic self defense for small towns - June 7, 2020
- The best things you can do for local businesses in light of coronavirus - March 27, 2020
- How to get more parking downtown without adding any spaces - March 7, 2020
- Exact Yeti Blue mic volume and Windows settings to reduce background noise - February 17, 2020
WOW! This is an AMAZING idea. Clever. Appealing. About as close to truly personal as is possible. This is one of those “Now, why didn’t I think of that?” ideas.
I was particularly fascinated by the 25% “breakage.”
Wonder how and if this could be used for online business. Love the idea.
Thank you, ladies. Any business with a loyal fan base could pull this off, I think. The key is the loyalty of those people.
Absolutely, this is key to a very loyal fan base! Wonderful idea!