Scotty Milas' All Things Considered Franchising Podcast w/ Mona Janes of Creative Funding by Design

In this episode of All Things Considered Franchising, Scotty Milas interviews Mona Janes, the
President and Founder of Creative Funding. With over 30 years of experience in helping clients
strategically figure out their funding, Mona has an excellent handle on business financing
options.

Mona and Scotty discuss various funding options available to qualified clients. They cover the
types of loans, the criteria for each loan, and how to qualify for them. They also talk about the
importance of a business strategy and how to expand a business in the future.

Mona emphasizes the importance of having a solid business plan and the impact of personal credit, collateral, and cash flow on funding options. With the uncertainty caused by COVID-19, alternative funding options can be a wonderful way to secure funding when traditional options are not available. It is important to do due diligence and explore all options before making a decision. Mona also highlights the importance of paying attention to buildout costs for brick-and-mortar businesses and personal funding options for those who do not want to take out a loan. Additionally, Mona explains the benefits of Rollover for Business Startups (ROBS) and how it can help business owners build wealth in their retirement accounts while lowering their corporate tax liability. Finally, it is important to start financing research early and explore multiple financing options. Scotty and Mona also discuss the value of working with a consultant who prioritizes the client's best interests and explores financing options from every direction.

Scotty Milas can be reached at scott@scottmilasfranchisecoach.com and at (860)751-9126.
Mona Janes can be reached at Mona@CreativeFundingbyDesign.net

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