The hard truth is this.
After your business idea, market research, drawing down a business plan and all of that, if you don’t have the capital to fund and kick start the business, the effort is as good as a dead effort.
. . . and we know that finding Funds for a business can be quite challenging, whether it’s for business expansion or startup.:In this post, I will reveal to you 4 ways on how to find the money you need to fund your business:
Bootstrapping – In this, you sustain the business with your savings and resource until more formal funding opportunities become realistic.
Angel investors – These are typically affluent individuals willing to invest in businesses in return for interest. They save you the daunting prospect of asking for funds from family and friends
Family and Friends – Most times, asking your friends and family for money is hard to achieve but tapping those closest to you is often a good first step before getting external funding. And hey, it can never hurt to ask.
Venture Capitalists – These are firms that provide early-stage funding but are typically looking to make relatively large investments and take a significant share of the company.
Now, let’s discuss this in the comment section.
Do you need funding for a business idea?
What other ways have you funded your business?
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