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Joining davidhaig.ca ADVANCE

Thank you for your interest in becoming a member of davidhaig.ca ADVANCE, our new investment and business support program for entrepreneurs and small business managers. Membership in the program is currently limited to fifty (50) individuals/companies per region (in the United States) and a total of 75 from Canada. Those interested in requesting an application for membership, should send an email request to info@davidhaig.ca. Why is there no online sign-up …Read More

DavidHaig.ca Launches Angel Investment, Mentorship Program for SME’s

WEST PALM BEACH, FLORIDA July 17, 2013 – davidhaig.ca Entrepreneurship and Investment is pleased to announce the launch of a new investment and business support program for entrepreneurs and small business managers. Designed to bridge the funding gap for entrepreneurs, SME and development stage companies, davidhaig.ca ADVANCE members will be provided direct access to debt and equity financing, revenue and market growth solutions, and professional development assistance.   davidhaig.ca ADVANCE …Read More

Small Business Funding

Despite sometimes erratic conditions in the economy – which will, truth be told, always exist – owning a small business is still the dream for many people. The economic pendulum will always swing but if businesses are able to establish a foothold in their chosen niche, then there is the opportunity to maintain consistent success, and even growth. Small business funding provides the opportunity for getting these businesses off the …Read More

Venture Capital Funding Basics

These days, seeking out alternative funding for small business start-up loans has almost become a necessity. Strict lending guidelines, lengthy – and ultimately unsuccessful – qualification processes, loan limits, and costly terms have made the traditional lending environment tricky at best. Venture capital fundingoffers an alternative road for start-up funds and is offered through private investment rather than through traditional banks and other financial lending corporations. Not everyone is privy …Read More

Working with Private Lenders

What are private lenders? Before we get into what private money lenders are, let us discuss what they are not. As private investors we are not in the job of connecting businesses with available third party funding; we are not brokers that arrange financial partnerships for a fee. Rather, the funding that private lenders provide is directly from their own resources.  This is otherwise known as angel investing and this …Read More

A Twist on the Art of Negotiation

I try to take a little time each week to learn more about those techniques and approaches that others have found useful in their business or personal lives. A few weeks ago, I came across an interesting take on negotiating on LinkedIn, which was further defined, expanded upon and supported in a book written by Wharton Business School professor Adam Grant, in his book “Give and Take”. In his book, …Read More

What is Angel Investing?

What is angel investing? It seem as though this particular phrase has gotten quite a lot of attention in recent years and has become the buzz words of alternative small business funding. The “angel” in this scenario is the investor – the person who provides capital for small business start-ups. First, let’s examine the technicalities of such investment relationships. Angel investors are essentially private money lenders; the funds that they …Read More

Start Up Business Loans

Starting a business – any business in any industry – is no small feat. Anyone who has ever gone through the process can attest to the fact that there are an inordinate number of details that must be addressed in order to put a company in the best possible position for success. Nothing can be done, however, without funding and such funding begins even before the launch of a business; …Read More

The Dangers of “False Consensus”

People tend to overestimate the extent to which others share their views, beliefs, and experiences – the false-consensus effect. False consensus often leads strategists to overlook important threats to their companies and to persist with flawed strategies. Some of the causes include: confirmation bias – the tendency to seek out opinions that support our own beliefs and hypotheses. selective recall – the habit of remembering only facts and experiences that …Read More

Beware “Sunk-cost” Thinking in Financial Decision-Making

Late last year, while participating in a Board meeting on which I served for a client, I was reminded of the old adage “throwing good money after bad”, and dismayed by how costly it could potentially be for a company. Although a familiar strategy for private and corporate investors, looking to “average-down” and lower their ACB for falling investment values for public securities, this methodology can cause added challenges when …Read More