Raising Capital
Coming up with a feasible and viable business plan could be fairly easy for some and a herculean one for others but after developing your blueprint, there lies the next step which is very critical in bringing your business to life...its called raising your Capital.
This is what is required for funding any business and kick-starting your dream of owning a start-up. For a lot of people with ideas but without the necessary resources to bring it to reality, this is the point they get stuck, resulting in the dream of owning a business being extinguished.
This is a major problem faced by a lot of prospective entrepreneurs at the introduction of their businesses, some rely on personal financial funding and reach out to family and friends for additional equity, one which if it doesn't work out as expected leaves such individual devasted without him knowing there are other options/alternatives that could be exploited in relation to funding.
If you are a budding entrepreneur about to start or looking for more funds to expand your business, below is an infographic that would give you the necessary options and consideration to guide and fuel that quest.
goood 👍👍👍
Thanks :)
Very nice message! Great post! :)
Thanks :)
I’d steer away from banks and go towards governments loan, due to small interest rates.
There is also Angel Investors which connects businesses to individual investors.
Another thing entrepreneur needs to understand is that you will always be in debt as a business to survive. A business can never be debt free, as it is bad for the capital structure of the business.
Nice input friend :)