Securing Funding
A starting business needs capital at the initial stage , so our main discussion is to discuss ways with which we can get hold of this funding , they include.
- Bootstrapping –
This has to do with Using the money you saved up as capital and also reinvesting your profits.
- Small Business Loans –
Incase you don't have enough money from your savings , you can take up small loans from banks and some financial start-up as they provide loans for start-ups.
- Venture Capital and Angel Investors –
In exchange for equity , these Investors provide fund for high growth startups.
- Crowdfunding –
This is a means whereby Entrepreneurs through the public raise funds.
so depending on your business model and the type of vision you have for the long term , you will have to make selections between these.