Arnon Dror is a name to reckon with in the world of international finance. This successful businessman has over 20 years of valuable experience under his belt. During this period, he has the distinction of discharging the office of Vice-President in many companies. These organizations include Xerox, Scitex,Creo Americas, Kodak, Creo Inc. and Presstek. Many of his colleagues say he is solely responsible for improving the fortunes of these establishments. This MBA graduate’s impressive track record in the area of corporate reconstruction proves this fact. They even admit he is a specialist in many diverse fields. These include international taxation, ERP integration, cash flow management, internal controls, and corporate mergers.
Arnon Dror CT – How can start-up entrepreneurs fund their business ideas?
This prominent financial expert says funding is always a contentious issue for most businessmen. Almost all of them have to knock on the doors of many traditional lenders. They have to convince these financiers of the viability of their business plans. On top of this, they need to provide them with a suitable asset as collateral. Only then do they get the funds they need to operate their establishments. For start-up entrepreneurs, all of this may prove to be a tall order. After all, they generally don’t have any previous experience in this field. On top of this, financiers may also raise questions on their creditworthiness. They have got to think outside the box to get their commercial establishments up and running.
These specialist further states these proprietors should seriously consider opting for the following two important modes of finance:
- Invoice factoring
This is a convenient mode of financing for all categories of businessmen. They just need to provide valid outstanding invoices of their slow-paying customers to the lenders. These financiers give a percentage of the total value of such documents to these proprietors. However, they do deduct their commission, remuneration, and expenses from this sum. Only then do these proprietors get the money they need. Start-up entrepreneurs should browse through the Arnon Dror CT profile on the internet. They’ll come to know an important fact. Service providers specializing in this field don’t show much interest in the creditworthiness of their clients. Even the reputation of the establishment such proprietors operate doesn’t interest them. This is a fact which they can’t ignore.
Today, start-up entrepreneurs can use the potential of social media to finance their businesses. They’ll find numerous crowdfunding platforms on the internet to raise the money they need. These young proprietors just need to subscribe to one which suits their specific needs. Then they have to convince the numerous online investors of the viability of their business ideas. These proprietors have got to prove to an important fact to these individuals. The products they are going to launch in the market is unique. Consumers won’t have any hesitation to buy such goods at a reasonable price. The sky is the limit on the amount of money they can get using this platform. Many of their investors may even become their loyal customers over time.
Start-up entrepreneurs need to know that they can to raise money for their businesses. For inspiration, they just have to read about Arnon Dror Kodak tenure on the internet. They come to know that above two important modes of finance can meet their specific needs.