AI Quick Tips 117: Quick Prompt to Compare Business Funding Options

If you are considering different options to start or grow your business, you can use this prompt with an AI tool like ChatGPT, Gemini, Claude, or Perplexity to get more perspectives -

Act as a business and finance expert with a combination of theoretical knowledge and practical experience

We are considering {ACTION BEING CONSIDERED} and are comparing different ways that we could fund it

Analyze the pros and cons of [FINANCING OPTION 1] versus [FINANCING OPTION 2]  for a small business.

Consider factors like interest rates, repayment terms, and impact on cash flow.  Also, any other factors that may be relevant but not mentioned.

Ask clarifying questions instead of making assumptions about information that is missing

Replace

• {ACTION BEING CONSIDERED} - with whatever you are doing that needs funding

• {FINANCING OPTION 1} - with one of the options that you are considering

• {FINANCING OPTION 2} - with the other
  • Add more if you are considering more than two options

You can, obviously, change any part of this prompt to better fit your situation.