What Do The Business Experts Say?

"Just about any of my colleagues would agree that separating business affairs from personal affairs is one of the most important steps business owners can take to protect themselves and their families.

Simply creating a separate business entity is only the first step in protecting personal assets. In order to gain the legal protection of a separate business entity, business owners need to make sure the entity functions as a separate entity and is simply not an extension of the business owner personally.

This means making sure that the entity is in complete corporate compliance and its financial affairs are kept separate from the business owner. Owners who comingle their personal finances and business finances, such as using personal credit cards and personal accounts to fund the business, will not be provided with adequate protection in the event anything goes wrong in the business.

The Business Fundability Test shows you where your business is now and then helps you to create a clear separation between the business and you, the business owner. It will undoubtedly help business owners achieve the maximum protection afforded under the law."

"As an accountant, there’s nothing more frustrating than having a client call who is experiencing a cash crunch and having to tell them that I can’t help them. A majority of business owners are so busy working in their businesses, they simply don’t take the time to address their finances until they desperately need financing for cash flow, an emergency, equipment, or whatever. As their accountant, I'm not normally involved in the day to day activities and, in most cases, I don’t hear about the problem until it’s too late.

Knowing and maintaining the fundability of your business is a necessity for all business owners and it can prevent your business from experiencing cash crunches. It can provide a business owner with a proven, clear and concise systematic approach to making sure their company has access to funding when needed."

"As a commercial loan officer, it’s my job to originate business loans as loans are how we make our money.

We want to make loans and do not like having to turn down borrowers. Unfortunately, one of the main reasons we turn down business loans today is because the business is simply not fundable as a result of the business owner not taking proactive steps to make sure the business is in compliance with the lending community requirements, has established credit in the name of the business, and has established a good credit rating with the business credit bureaus.

Over and over again we find that business owners have simply used their personal credit, credit cards, and other resources to finance their businesses which ultimately results in their personal credit being damaged. When I ask them how all this happened and why they haven’t taken steps to make sure their companies are fundable?” they normally state that they never thought they would need funding and really didn’t know what to do in the first place.

My experience is that virtually all businesses will need funding at some point in time and in today’s business and lending environment funding is available. However, it’s only available to businesses and business owners who have taken proper steps to make sure their companies are fundable. That is exactly what taking the Business Fundability Test will do for them."

"As an Insurance professional, in addition simply providing insurance for my clients, there are numerous financial programs and tools that I can offer my business clients. These programs can provide much financial opportunity and financial security for clients and be tremendous retirement tools.

Throughout the years I have found that the clients who were able to take advantage of these programs are the clients who focused strongly on the financial aspect of the businesses and bankability of their companies. However, most business owners simply lack the knowledge and expertise to address these issues. The Business Fundability Test is the most effective way for a business owner to get their financial house in order and be able to take advantage of various financial and investment programs that can result in financial security and independence."