“If people only knew how hard I work to gain my mastery, it wouldn't seem so wonderful at all.”
Michelangelo (1475–1564) - Italian painter and sculptor

As another year comes to a close many business owners across the country are asking themselves what steps can be taken in the near term to ensure that 2010 is a better year than 2009.  Also, lots of us are scratching our heads wondering how the year went by so quickly while also acknowledging what a challenge it was to weather the persistent economic storm that seemed omnipresent this year.

The New Year is right around the corner and this is a popular time for both hindsight assessment and forward looking strategic planning.  There are several things that business owners and executives can focus on to make 2010 smoother and more robust than 2009 has been.  Many will focus on efficiencies and maximizing productivity with their current resources while some will continue to focus on cost cutting and others will opportunistically evaluate sales and marketing channels with the desire to add capacity.  The select few will focus on all of the above and then some as they try to widen the gap between their own organization and that of their competition.

Regardless of the size of your company it is more important now than ever to be as organized as possible.  This entails human resource policies, accounting procedures, records management, technology systems, sales and marketing strategies and the maintenance of business credit.  All businesses regardless of size should have current and accurate financial records not only for internal management purposes but also to instill confidence in business partners and suppliers when needed.  Many smaller businesses are being forced to adopt and implement audit procedures that were previously unnecessary for compliance purposes.  Also, because sole proprietorships are largely being treated as consumers (rather than businesses) by the banking community it has become imperative for them to form a legal entity if they are to continue in business in a meaningful way.

At First Star Capital, we strive to do everything in our ability to meet our clients' needs and help them become more successful in their businesses.  We give every transaction the same personal attention and due diligence it deserves.  Our mission is to help our customers and business partners accomplish their goals and it is always rewarding to watch a company blossom after we have assisted with a financing request.

About First Star Capital

First Star Capital is an established national firm that has financed thousands of different businesses across the country and has funded hundreds of millions of dollars worth of capital equipment. We are an independent commercial lender with a specialty focus in equipment financing and leasing. First Star Capital is a direct lender with the ability to quickly and efficiently fund new financing requests between ten-thousand and ten-million dollars. Since we are a direct lender with our own funding and servicing capabilities we are able to deliver tangible value added financing solutions with the utmost flexibility. First Star Capital has the internal ability to underwrite a variety of different financing requests – nothing is too big or too complicated.

First Star Capital

(800) 604-4817

Brad@FirstStarCapital.com

www.FirstStarCapital.com

Did You Know?

The number of internet devices in 1984 was 1000 (1992 = 1 million, 2008 = 1 billion)

There are 31 billion searches on Google every month (up from 2.7 billion in 2006)

If MySpace were a country it would be the 5th largest in the world (between Indonesia and Brazil) with 200 million people

The top 10 in demand jobs in 2010 did not exist in 2004

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