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California Tools for Business: Are Californian Small Business Fit for Funding?

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The Californian Economic Development Agency CALED have launched a website called “Tools for Business” to help region’s Small Business Community. They have chosen QLBS Business Fitness tools to be part of their offering.

Featured in their Launch is a QLBS ‘’Fit for Funding’’ Best Practice model. Businessmen looking for funding can assess their own business to see how fit they are to apply for funds ranging from bank loans to funding from venture capitalists. They assess themselves in all aspects that a financial lender would like to see in the business. The model helps businessmen not only reduce the risk of financing but also increase their chances of attaining finance from lenders. Having completed the checklist the system then guides the businessmen to a set of resources that will help them gear up their business for successful funding.

“We have introduced these business Fitness programs across the Pacific. For Instance in a European Union funded exercise for the Pacific Forum we have been running a Business Fitness program in which Business Island communities can test the fitness of their business and then develop capability building programs using the WorldBank Business toolkit.” Said Keith Phillips President QLBS.

“When I looked at what QLBS has done in the Pacific I new that we could apply this technology in the USA. California was an obvious starting point. “ said Colleen Morton CEO America’s.

“Fit for Funding” is one of the range of business fitness tools that QLBS offers in Economic Development sector.

 
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