Advertisement

Agency pp 217-230 | Cite as

Banks and Funding

  • Rick Webb

Abstract

After a few years, if everything is going well, you’ll start to notice something. You’ll notice that at all times the primary constraining factor of growth is the number of people on staff. You’ll realize that if you had more people now, you could get more work now. If the company’s humming along according to plan, eventually you’ll be able to predict with a pretty high degree of confidence exactly how much more revenue you could bring in with X number of additional people now. It will seem very obvious, and mathematical. Growth is constrained only by head count. Head count is constrained by your cash balance.

Keywords

Small Business Credit Card Small Bank Credit Score Credit Line 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

  1. 1.
    Ami Kassar, “Why Small Business Lending Is Such a Confusing Mess,” The New York Times, June 5 2012, http://boss.blogs.nytimes.com/2012/06/05/why-small-business-lending-is-such-a-confusing-mess/.Google Scholar
  2. 2.
    Matt Taibbi, “Yes Virginia, This Is Obamas JOBS Act,” Rolling Stone, April 12, 1012, http://www.rollingstone.com/politics/ne ws/yes-virginia-this-is-obama-s-jobs-act-20120412.Google Scholar
  3. 3.
    National Federation of Independent Business (NFIB) Research Foundation, Small Business Credit in a Deep Recession, http://www.nfib.com/Portals/0/PDF/AUUsers/research/studies/Small-Business-Credit-In-a-Deep-Recession-February-2010-NFIB.pdf, February 2010, p. 6.Google Scholar
  4. 4.
    NFIB Research Foundation, Small Business, Credit Access and a Lingering Recession, http://www.nfib.com/Portals/O/PDF/AllUsers/research/studies/small-business-credit-study-nfib-2012.pdf, January 2012, p. 8.Google Scholar
  5. 9.
    Catharine P. Taylor, “M-word Is Back,” Advertising Age, May 27, 2002, http://adage.com/article/news/m-word-back/52079/.Google Scholar
  6. 10.
    Small Business Administration, U.S. Small Business Administration Final Plan for Retroactive Analysis of Existing Rules, January 23, 2012, http://www.sba.gov/sites/default/files/SBAFinalPlanRestropectiveAnalysisofExistingRules23Janl2.pdf, January 3, 2012.Google Scholar
  7. 13.
    Ian Mount, “When Banks Won’t Lend, There Are Alternatives, Though Often Expensive,” The New York Times, Aug 1, 2012 (http://www.nytimes.com/2012/08/02/business/smallbusiness/for-small-businesses-bank-loan-alternatives.html?_r=0).Google Scholar
  8. 14.
    Ami Kassar, “The State of Small-Business Lending,” The New York Times, January 8, 2013, http://boss.blogs.nytimes.com/2013/01/08/the-state-of-small-business-lending/.Google Scholar

Copyright information

© Rick Webb 2015

Authors and Affiliations

  • Rick Webb

There are no affiliations available

Personalised recommendations