Starting your own business is both exciting and challenging. Managing your business finances will of course be very important to your success. This section of the website offers several links to help you get started right. As you look at the information these institutions/organizations have to offer, keep in mind several things:
- The best way to succeed in your own business is to constantly educate yourself. There is no such thing as a dumb question, especially when it comes to understanding how you use and manage your money in your business.
- Be realistic about your capabilities and get help when you need it. Have you run a business before? Have you ever used a bookkeeper or an accountant? Have you ever filled out your own tax forms, or managed a payroll?
- You must have a business plan if you are going to be successful in dealing with your local bank.
The links you will find below are financial resources that are from the private and public sectors. From the private sector you will find locally based and national banking institutions, along with local credit unions. Other private sources include the Downtown Lima revolving loan fund, D'Arcy Fund and Port Authority of Allen County revolving loan fund. All of these sources can assist with your commercial and private lending needs.
From the public sector there are many invaluable resources that will assist you during the planning stages of your business and after your business is established.