Entrepreneur Plus - Short White
For Subscribers

It's Go Time Raise money for your business before the downturn catches up with you first.

By Carol Tice

Opinions expressed by Entrepreneur contributors are their own.

If the economic downturn is causing your sales to slow, you need to quickly raise some cash to tide you over. Sooner is better than later for raising funds, says John Taylor, vice president of research at the National Venture Capital Association. With the stock market trending down, he says, angel and venture investors may feel less flush and be more hesitant to invest in the coming months.

"We are definitely advising people to raise a little bit more while they can and spend a little bit less for the rest of this year," says Flybridge Capital Partners general partner Jeffrey Bussgang.

This is a subscriber-only article. Join Entrepreneur+ today for access

Related Topics

Business News

'Not Much Financial Education' — Yet Millennials Have Boomers and Gen X Beat When It Comes to Retirement Savings. Here's Why.

Millennials might own fewer homes and make less money — but they're on track for a better retirement.

Business News

The AI Job Market Is Surging and Paying Up to $300K a Year. Here's How to Snag a Role.

According to a new LinkedIn report, AI jobs can be found in a wide range of fields.


Introverts Who Use This Secret Weapon Can Be More Powerful Than Extroverts in the Workplace

Less extroverted colleagues are often misunderstood and underestimated — but their talent for one thing in particular sets them up for success.

Business News

'It's Getting Worse By the Week': Kevin O'Leary Issues Grave Warning About Commercial Real Estate Industry

The "Shark Tank" star spoke to impending devaluation of stocks in the industry on FOX Business' "Varney & Co."

Business News

'Earth Shaking News': Fans Rejoice Over the Return of 'Retired' McDonald's Cult-Favorite Item

The McRib last appeared on menus in 2022 during the company's self-proclaimed "farewell tour" for the sandwich.