Yes. All lenders or investors want to see that you have a considerable amount of your money in the business: your money is at risk as much as their money. If a business owner does not have owner equity in the firm, it is more tempting to walk away from a failing business because there is little to lose.
Do I need my own money to start a business?
SBA Success Story
Skip Success Story and go to Left Sub-Menu Links
G. LaVern Jackson, President and CEO of Joint Logistics Managers, Inc. of Prince George, Virginia was named 2005 Entrepreneur of the Year by the...
Logical Innovations, Inc. is an SBA-certified 8(a)/Small Disadvantaged Business (SDB), Woman-Owned and Economically Disadvantaged Woman-Owned Small...
Jose and Lynne Pereira established Pereira Plumbing in 1990 but have actually been in business since the late-1970s. They started out in the pool...