Are You Really Ready for Commercial Financing? 6 quick questions to see if your business is ready to move forward. 1. Do you have a business plan? Yes No 2. Who handles your business finances right now? Full-time staff Freelance bookkeeper I do it myself Friend/family helps No one handles it 3. What financial documents could you show a lender today? Business Tax returns (last 2 years) Profit & Loss report List of debts Business registration None of these are ready 4. Do you know how much you need and what you’ll use it for? Yes — clear plan Sort of — rough idea Not really — just need cash No — still working it out 5. How often do you review your statement of cash flow? Every month Every quarter Once or twice a year Not sure / We don’t 6. How confident are you your business could qualify for a loan right now? Very confident Somewhat confident Not sure Not confident at all Get My Results →
6 quick questions to see if your business is ready to move forward.