Entrepreneurship: Starting a Business || Securing Funding

in blurt-131902 •  7 days ago 

Securing Funding

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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.

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  • 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.

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  • 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.



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