The BOSS Network Blog

Cozette M. White, i nspires individuals to live in purpose, embrace passion and achieve personal greatness through a balance in work and life. She is the Founder and CEO of My Financial  Home Enterprises, a financial management firm helping entrepreneurs and organizations  develop solutions that fuel business growth and transform products into accelerating profits. A  leading authority on personal finances and business strategies, White’s advice has been called  upon by ABC and FOX television stations. She has been featured on the radio, Black Enterprise, Women of Wealth Magazine, Upscale Magazine, The Huffington Post and countless newspapers across the country. Women of Wealth dubbed White, “Wealth Builders Extraordinaire” and she is a recipient of The President’s Lifetime Achievement Award under Barack Obama. TheBOSSNetowrk: What were some obstacles that you faced in the beginning process of starting your business or career?   Cozette M. White:...

This week personal finance expert and founder of  Ask the Money coach.com  , Lynnette Khalfani-Cox is teaching a course on Financing and Investing. Lesson 1:   HOW TO RAISE CAPITAL FOR YOUR BUSINESS (LOANS VS. INVESTMENTS) Raising capital for your business is tough, but just because it’s tough doesn't mean you can’t do it. First thing to remember is financing starts with you not someone one else. Start financing your business with your own personal money, look into second car that you can sell, whole life insurance policy that's been building cash value, furniture , assets that you own  that you can sell and electronics . Be prepared to show that you've put up money of your own for your venture and have some sweat equity invested. Secondly, get in touch with your local small business administration office for financing options. They maintain a data base of loans and funding initiatives for different types of business owners. There are loan...