Interested in starting your own entrepreneurial journey in business development but unsure what to expect? Then read up on our interview with Parag Nevatia, Founder of EZ Funding Solutions, located in North Brunswick Township, NJ, USA.
What's your business, and who are your customers?
EZ Funding Solutions is a Business Finance Advisory Company where we help businesses and banks find solutions to various business-related services, including Business Loans, Business Plans, Loan Projections with Business Modeling, Business Sustainability, etc.
Our typical clients are two types, businesses that need business loans, or those that need assistance in making their businesses bankable and ready for either acquisition or business expansion, including but not limited to franchises as well. On the other hand, bankers are our clients, too, as they send their clients to us to make their business plans or loan projections with business modeling.
Tell us about yourself
Business Financing is very tricky, lengthy, tiring, and frustrating process. There are several moving parts to a Business - whether sales, bookkeeping, marketing, controlling costs, and staying profitable. Then when one needs financing, all the pieces need to be aligned to be bankable. As former bankers, EZ Funding Solutions wanted to find a solution to this problem by using its banking experience and representing the client from the outside, first to become bankable and then support the client during the loan process. Along the way, we started making Business Plans for bank clients seeking funding from banks directly, loan projections for banks, and business modeling. Today, we are a respected Business Advisory and Consulting Company in the community, not only locally but also have clients all over the US. This is our biggest motivation every day.
What's your biggest accomplishment as a business owner?
There are many accomplishments such as Being a Counselor to the Small Business Development Center clients, serving on the Advisory Board of the SBDC, being a presenter at SCORE, teaching at Rutgers University, and receiving the Top 100 Global Leaders recognition by the Global Conference of Insurance and Finance in Las Vegas, being recognized as the fastest Franchise Consultant in the USA in 2021 by a firm in the UK, presenting at the prestigious IFE at Jacob Javits Center in New York, among many others.
What's one of the hardest things that come with being a business owner?
Seeing that sometimes some people don't listen or learn. We are here to show them the direction, but if they don't turn on that switch, no matter how much we teach them, it will not work. Trying to get people away from working in Silo's is one of the toughest things.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
Experience, Deep pockets, and the Ability to Learn every day.
Where can people find you and your business?
If you like what you've read here and have your own story as a solo or small business entrepreneur that you'd like to share, then please answer these interview questions. We'd love to feature your journey on these pages.
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