Sterling Raises $730 Million in Private Placement Offering to Avert Foreclosure

Sterling Financial on Friday said it has raised $730 million from a private-placement of equity and institutional investors which will help Sterling Savings Bank, Washington’s second-largest bank, avoid being seized and sold, The Seattle Times reported.

Sterling Financial said it had reached agreements with 30 investors for $388 million through a private placement. Further, both Thomas H. Lee Partners and Warburg Pincus upped their investments in Sterling to $170 million each.

Each of those firms will now control 22.6 percent of the company’s common stock and take a seat on Sterling’s board.

Sterling Financial Corporation, the bank holding company of Sterling Savings Bank, announced agreements to raise a total of $730 million in new private placement capital from institutional, private equity and other accredited investors. The transaction is expected to close on or about August 26.

Thomas H. Lee Partners, L.P. (“THL”) and Warburg Pincus Private Equity X, L.P. (“WP”) have amended their agreements to increase their investments in Sterling. Under the terms of the the private placement amendments, it is anticipated that THL and WP would each purchase 68,366,000 shares of common stock and 1,709,150 shares of Series B preferred stock, for an aggregate purchase price of approximately $171 million each. THL and WP also would receive warrants. Upon closing, THL and WP would each own an aggregate of 22.6 percent of Sterling’s pro forma common stock on an as-converted basis and after giving effect to the exercise of warrants.

Sterling has also entered into agreements with approximately 30 accredited investors for private placement of 155,268,000 shares of common stock and 3,881,700 shares of Series D preferred stock in exchange for aggregate gross proceeds of approximately $388 million in cash. In addition, as previously announced, the U.S. Treasury will convert its $303 million investment of preferred stock in Sterling into common shares. In aggregate, the transactions with THL, WP, other accredited investors and U.S. Treasury will result in the issuance of 4.2 billion shares of Sterling common stock, assuming the conversion of preferred stock and the exercise of warrants.

Sterling President and CEO Greg Seibly said, “This commitment of $730 million in new capital represents a major milestone in our recovery plan, and one that will substantially strengthen our capital ratios and provide a solid base for rebuilding long-term franchise value. The focused energies of many at Sterling have helped us to preserve and grow our core banking franchise in support of our customers and communities across the Pacific Northwest. Today’s announcement reflects the investment community’s recognition of this value.”

Following the closing of the private placement transaction and contingent on regulatory approval, Les Biller, former vice chairman and chief operating officer of Wells Fargo & Company, would serve as chairman of Sterling’s board of directors, and WP Managing Director David A. Coulter and THL Managing Director Scott Jaeckel would join Sterling’s board of directors.

Les Biller said, “These investments reflect a clear vote of confidence in the strength of the Sterling franchise and the great progress Sterling has made in rebuilding and strengthening its balance sheet. I look forward to working with Sterling’s board and management team.”

David Coulter, WP managing director and co-head of its Financial Services Group, said, “With the capital raise successfully lined up, we are delighted to partner with Sterling in this new and exciting chapter of its development. With its strong regional banking franchise and talented management team, Sterling will now be exceptionally positioned to benefit from the current displacement in the financial services sector and to create meaningful shareholder value.”

THL Managing Director Scott Jaeckel added, “Following the closing of the capital raise, Sterling will be well-capitalized and well-positioned to build on its foundation as a commercial and consumer lending leader in the Pacific Northwest. We look forward to working with the Sterling management team to further develop the bank as a strong platform for growth.”

Each of the THL and WP investments, the private placement transactions and the U.S. Treasury exchange previously announced are conditioned upon each other and on other closing conditions, including, among others, receipt of regulatory approvals and third-party consents, Sterling’s maintenance of asset levels and capital ratios, the absence of material changes in the characteristics of Sterling’s loan portfolio, no occurrence of an “ownership change” that would affect the preservation of certain of Sterling’s deferred tax assets, no occurrence of a material adverse effect and no adverse change in banking or bank holding company law, rule or regulation. Closing of the recapitalization transactions are not conditioned upon receipt of any shareholder approvals.

The shares of common stock and preferred stock to be purchased by THL and WP and investors in the private placement will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

http://dealbook.blogs.nytimes.com/2010/08/23/sterling-raises-730-million-to-avert-foreclosure/

http://kpbj.com/business_weekly/2010-08-23/sterling_financial_corporation_announces_agreements_to_raise_new_capital

About privateplacement.net

privateplacement.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of privateplacement.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

privateplacement.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, privateplacement.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

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Kennedy Wilson Announces $32.6M Equity Private Placement

BEVERLY HILLS, California., A — International real estate investment and services firm Kennedy Wilson announced that the company sold and issued 32,550 shares of its convertible Series B preferred stock in an equity private placement to Toronto based Fairfax Financial Holdings Limited. The proceeds from the private placement offering, totaling $32,550,000, were used to finance the company’s repurchase of its 7% convertible subordinated debt. The Series B preferred stock, outlined in the company’s private placement memorandum, is convertible into approximately three million shares of KW common stock, the same number of shares into which the recently retired 7% convertible subordinated debt was convertible.

“The company continues to build and maintain relationships with some of the world’s top companies and pursue strategic real estate investments together.”

This news follows Fairfax’s $100 million purchase of Kennedy Wilson’s convertible Series A preferred stock via private placement and its planned $250 million real estate investment partnership with the company, both announced in May of this year.

About Kennedy Wilson

Founded in 1977, Kennedy Wilson is an international real estate investment and services company headquartered in Beverly Hills, CA with 21 offices in the U.S. and Japan. The company offers a comprehensive array of real estate services including property and asset management, brokerage and auction services, and construction and trust management. Through its fund management and separate account businesses, Kennedy Wilson is a strategic investor and manager of real estate investments in the U.S. and Japan. For further information on Kennedy Wilson, please visit www.kennedywilson.com.

Forward-Looking Statements

This news release contains forward-looking statements as well as historical information. Statements of goals and strategies and words such as “plan,” “believe,” “anticipate,” “expect,” “objectives,” “forecast,” “predict” and other similar words are intended to identify forward-looking statements. These forward looking statements are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and involve risks, uncertainties and other factors that may cause the Company’s actual results, performance, or financial condition to be materially different from any results, performance, or financial condition suggested by the statements in this news release.

About Private Placement

privateplacement.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of privateplacement.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

privateplacement.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, privateplacement.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

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Eu Yan Sang acquires 15% in Australian firm Healthzone

Singapore Private Placement: Singapore-listed Eu Yan Sang has acquired close to 15 per cent stake in Australian firm Healthzone in a private placement for about S$4.4 million.

The acquisition will enable Eu Yan Sang to enter the Australian mainstream health, beauty and natural health products market.

It will also have access to Healthzone’s retail network in China.

Eu Yan Sang bought a total of about 12 million shares at 30 Aussie cents each.

Among them, 7.3 million shares were from open market and 4.6million shares were from private placement.

The private placement includes warrants which enables Eu Yan Sang to increase its shareholding to 19.99 per cent when exercised at 38 Aussie cents per share.

It is now Healthzone’s largest single shareholder and is entitled to a seat on the board.

The company said the investment will help the firm explore the convergence of best eastern and western health practices.

This will help the firm position itself in the “western natural therapy space”, which includes health supplements. – CNA /ls http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1072896/1/.html

About Private Placement

privateplacement.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of privateplacement.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

privateplacement.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, privateplacement.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

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Oracle To Sell Two-Part Bond Deal Worth $3.25 Billion

New York (Dow Jones-Wall Street Journal)–Oracle Corp. said it would sell $3.25 billion worth of notes in a private-placement offering, the latest in a string of blockbuster bond sales that have come to dominate the investment-grade corporate debt market.

Debt issuance via the private placement has been slow of late but dominated by single issuers coming to market with multibillion-dollar, multi-tranche deals.

Time Warner priced a $3 billion, three-part deal on July 7, an issue that makes up more than a third of last week’s $8.9 billion high-grade issuance. Wal-Mart (WMT) priced $3 billion worth of bonds on June 30, making up nearly half of that week’s $6.06 billion in issuance.

Oracle’s debt issue is the largest U.S.-marketed bond sale since HSBC (HSBA.LN) sold $3.8 billion worth of notes on June 17, according to Dealogic. It’s the biggest nonfinancial deal since the NBC Universal division of General Electric Corp. (GE) sold $4 billion of bonds on April 27.

Oracle priced the private placement deal in two parts: the $1 billion, 10-year notes priced at a discount to yield 3.902%, or 0.85 percentage points over comparable Treasurys, and the 30-year, $2.25 billion piece priced at a discount to yield 5.454%, or 1.40 percentage points over comparable Treasurys.

While the software giant’s shelf registration offered little clue as to how Oracle would spend the money, the fund raising could indicate the company is stockpiling cash in case it wants to make a significant acquisition. Oracle has pursued an aggressive growth-through-acquisition strategy, buying big and small companies to add products and reach.

In January, Oracle closed its most recent significant transaction, a $7.4 billion purchase of Sun Microsystems. The deal marked the software company’s most significant foray into hardware and helped contribute $1.8 billion to Oracle’s fourth-quarter revenue of $9.5 billion.

Oracle last sold debt in the primary market on June 30, 2009, when it issued $4.5 billion in bonds, according to Dealogic. A part of that deal, $1.25 billion of 6.125% bonds maturing in July 2039, was the most actively traded issue on the secondary market Monday. The spread, or risk premium, widened by 0.17 percentage point, to 1.23 percentage points over comparable Treasurys, according to MarketAxess.

Fitch Ratings, which has assigned an A rating to Oracle’s notes, said the offering would be used primarily to refinance nearly $1 billion in commercial paper and to fund $2.25 billion in 5% senior notes due in January 2011.

A query to Oracle regarding the debt issue was not returned.

The deal is being run through joint bookrunners Bank of America Merrill Lynch, BNP Paribas and J.P. Morgan and is expected to price today.

About PPM.net

privateplacement.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

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London, England Private Placement: Mergers & Acquisitions Deal Analysis – Greenko Group Announces Private Placement Of $116.57 Million – New Market Report Published

Mergers & Acquisitions Deal Analysis – Greenko Group Announces Private Placement of $116.57 Million ; Greenko Group PLC intends to raise gross proceeds of approximately GBP72 million ($116.57 million) in a private placement. Under the offering, the company will issue 51,429,000 common shares at a price of GBP1.4 per share ($2.27 per share).

Growth, a private investment firm, through its affiliate will subscribe for GBP20 million ($34 million) of the shares issued in the offering. Greenko intends to use the proceeds from the private offering from the offering to achieve its near term strategic objectives of developing and acquiring clean energy projects and build a portfolio of 1 GW generating capacity by 2014.

Scope

The scope of the report includes -
- The information related to the public offerings by Greenko Group PLC
- A brief on company – Greenko Group PLC
- Comparison of equity offerings deals in the renewable energy sector
- The rationale behind publuc offerings by Greenko Group PLC

Reasons they claim to buy (this is not an endorsement)

The Deal Report attempts to focus on the reason raise funds through public offerings by Greenko Group PLC
It will allow the reader to:
- Understand the Drivers for the public offerings
- Analyze similar equity offerings in the renewable energy sector.
- Assists in understanding the Utilisation of the net proceeds generated from the deal.
- Analyze the deal financials and valuation of Greenko Group PLC

Mergers & Acquisitions Deal Analysis – Greenko Group Announces Private Placement of $116.57 Million: http://www.companiesandmarkets.com/r.ashx?id=9L546T04M305715&prk=b5d7db887a2c74c5589adb4096ddd909

About PrivatePlacement.net

Privateplacement.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of Privateplacement.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

Privateplacement.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, Privateplacement.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

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VANCOUVER, BRITISH COLUMBIA, — Molycor Gold Corp. (“Molycor” or the “Company”) announced that the Company is amending the terms of its Non-Brokered Private Placement previously announced on March 29, 2010.

The Company announced it is raising by way of Non-Brokered Private Placement, up to $840,000 through the issuance of up to 12,000,000 units (“Units”) at a price of $0.07 per Unit.

The term of the warrant has been changed from a half warrant to a whole warrant. Each Unit is now comprised of one common share of the Company (a “Share”) and one share purchase warrant (each warrant, a “Warrant). Each Warrant entitles the holder to purchase one common share at a price of $0.12 for two years from the date of issue.

This Private Placement could be subject to finders’ fees which will be paid in accordance with the TSX Venture Exchange policies and is subject to the approval of the regulatory authorities.

About Molycor Gold Corp.

Molycor is a diversified precious, speciality and base metal exploration and development company focusing on magnesium, molybdenum and gold exploration and development in North America.

Denver, Colorado — Synergy Resources Corporation, a domestic oil and gas exploration and production company, today reported that it had completed an $18 million private placement offering. Net proceeds to Synergy, after placement agent commissions and other offering expenses, were approximately $16,600,000.

Synergy will utilize the proceeds to continue its 2009/2010 drilling program, a planned 35 well program in the Wattenberg Field in the D-J Basin. Synergy has drilled 12 wells and completed 9 wells of which 2 are producing in the Codell formation, 2 are producing from the J-Sand formation, 3 are waiting to be stimulated (fraced) and 5 are completed and will be placed into production this month. An additional 23 wells are permitted and ready to be drilled by Ensign United States Drilling, Inc.

The private placement was managed by GVC Capital LLC, formerly Bathgate Capital Partners LLC, a full-service investment banking firm headquartered in the Denver suburb of Greenwood Village, Colorado. The placement was over subscribed and consisted of 180 Units priced at $100,000, with each of the units in the offering consisting of one promissory note in the principal amount of $100,000 and 50,000 warrants. The notes bear interest at 8% per year, payable quarterly, and mature on December 31, 2012. At any time after May 31, 2010 the notes can be converted into shares of the Company’s common stock, at a conversion price of $1.60 per share. The notes will be secured by any oil or gas wells drilled, completed or acquired with the proceeds from the offering. Each warrant entitles the holder to purchase one share of the Company’s common stock at a price of $6.00 per share.

Synergy Chairman Ed Holloway stated that, “We are pleased with the response to our private placement offering and pleased that GVC Capital was able to exercise the $3,000,000 over-allotment option. The proceeds will provide the capital to complete the wells drilled in Synergy’s 2010 drilling program and to continue to take advantage of many of the compelling opportunities that exist in the D-J Basin.”

About Synergy Resources Corporation

Synergy Resources Corporation is a domestic oil and natural gas exploration and production company with leases covering 12,248 gross acres and 10,406 net acres in the Denver-Julesberg Basin. Currently the company has 6 producing wells in the Wattenberg Field; 4 producing in the Codell or Niobrara formations and 2 producing from the J-Sand formation. The Wattenberg field in the D-J Basin ranks as the 7th largest field in the U.S. in terms of proved gas reserves and 9th in production. Synergy has corporate offices in Platteville, Colorado and on 17th Street in downtown Denver. More company news and information is available at www.SYRGinfo.com.

About GVC Capital LLC

GVC Capital LLC (“GVC”), which changed its name from Bathgate Capital Partners LLC on January 1, 2010, is an innovative, full-service investment-banking firm headquartered in the Denver suburb of Greenwood Village, Colorado. GVC focuses primarily on providing comprehensive investment banking services to underexposed and undervalued microcap companies by fostering long term relationships with their clients. Over the past eight years, GVC has assisted emerging growth companies in raising in excess of $600 million in over 100 transactions. More information is available at www.gvccap.com.

This press release may contain forward-looking statements. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information.

http://www.marketwatch.com/story/synergy-resources-corporation-completes-18000000-private-placement-offering-2010-03-16?reflink=MW_news_stmp

About PPM.net

PPM.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

We are leaders in:

text-align: justify;”>• New York Private Placement
• Energy Private Placement
• Oil and Gas Private Placement
• Debt Private Placement
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• Energy Private Placement Memorandum Writing
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• Oil and Gas Private Placement Memorandum Writing
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• Equity Private Placement Memorandum Writing

Penn West Petroleum, Ltd., a wholly-owned subsidiary of Penn West Energy Trust, has priced its proposed offering of $300 million senior unsecured notes on a private placement basis in the United States and Canada.

Penn West Energy Trust is a Canada-based oil and natural gas producing income trust.

The notes will be issued with an average term of 8.6 years and an average rate of approximately 5.5%. The notes are unsecured and rank equally with Penn West’s bank facilities and Penn West’s other outstanding senior notes. The transaction is expected to close on or about March 16, 2010. http://www.tradingmarkets.com/news/stock-alert/pwe_pwt_penn-west-petroleum-prices-300-million-private-placement-of-notes-816496.html

About PPM.net

PPM.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

We are leaders in:

text-align: justify;”>• New York Private Placement
• Oil, gas and energy Private Placement
• Technology Private Placement
• Debt Private Placement
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• Oil, gas and energy Private Placement Memorandum Writing
• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing

Rochester, New York — Eastman Kodak Co. said it priced a private placement of $500 million worth of 9.75 percent senior secured notes due 2018 to qualified institutional buyers (QIBs).

Kodak said it plans to use proceeds from the note placement to buy back $300 million worth of 10.5 percent senior notes due 2017 and $200 million worth of 7.25 percent senior notes due 2013.

The pricing follows an announcement earlier that the company will privately offer $400 million in senior secured notes to institutional investors. The company plans to use proceeds from that offering to buy back $300 million in shares from private a equity firm and repurchase up to $100 million in notes in a tender offer. http://www.washingtonpost.com/wp-dyn/content/article/2010/02/24/AR2010022405135.html

About PPM.net

PPM.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

We are leaders in:

text-align: justify;”>• New York Private Placement
• 144a Private Placement
• Technology Private Placement
• Debt Private Placement
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• Technology Private Placement Memorandum Writing
• New York Private Placement Memorandum Writing
• Real Estate Private Placement Memorandum Writing
• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing

A common misconception is that starting your own business will generate attractive revenues within the first year of operations and has the potential to save any family from accumulating debt. This is not only false, but reality shows the opposite. The next question is how do you know you are ready to be an entrepreneur?

The first step is having a business concept which markets needs. There are a lot of businesses out there and the chances of creating a completely new idea is very rare. First, research the market to see where other companies are that have already created your idea. Are there any places that offer your product or service in your area? If not, then you need to see if the community has a need to purchase your product or services. A business will only succeed if there are people in the market who need it’s offerings. If you find that the market does not need your exact business concept, do not give up just yet! Try to fine tune your concept to something that is desired by the market.

Once your concept is ready, you must determine if starting a business is something you and your family can handle. Being an entrepreneur is more than a full time job, it is a 24/7 job. You must analyze the constrains in your life – time for family, work, money, etc. Do you currently have a job? Would you have to leave this job in order to start the business? How much money do you and your family need to cover all of your regular expenses? Do you have enough in savings to live off of while the business does not generate revenues and only incurs debt? (On average it is about 2 years before a business breaks even and begins to make a profit) How much revenue does your business need to generate in order for you to bring home the income you need? You should not start a business unless it will provide you with your needed income.

After these questions are answered and you still believe that starting your business is a good idea, it is time to put your thoughts onto paper. Writing a business plan is one of the most essential steps to starting a business. It will act as your road map to success. You will find that writing your business concept is much more difficult then speaking it out with people. This is exactly why it must be done. In your business plan, write about the concept, products, services, target markets, competition and management team. Create financial projections which will help prepare you and your family for what is to come. It is possible that after writing your business plan you will realize that the business is not a good idea. It is better to know this in the beginning then jumping into the business and losing large sums of debt. A business plan is a work in a progress will need to be changed throughout the start-up process. However, it should be used as a guide for you and your management team to agree on operations. The business plan should advise you on what needs to be done to reach profitability.

If you have made it through all of these steps and truly believe that your business will succeed, then you are ready to be an entrepreneur.

By Shosh Stone

About PPM.net

PPM.net is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.net’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM.net can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

We are leaders in:

• New York Private Placement
• Real Estate Private Placement
• Technology Private Placement
• Debt Private Placement
• Equity Private Placement
• Technology Private Placement Memorandum Writing
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• Real Estate Private Placement Memorandum Writing
• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing