How to Raise Money for Your Business Whether you’ve been in business one week or five years, an infusion of funds is always welcome. But what type of financing is best for your business? There are so many factors to consider–from the stage of your business to how much it’ll cost to get the money–that just choosing a path to follow can be overwhelming.
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10 ways to fund your business without a bank loan – Startups.co.uk: Starting a business advice and business ideas
Angel investors. If you manage to impress a business angel, they may provide investment in return for an equity stake. Most angels are seasoned entrepreneurs themselves, so they know what youre going through and theyre likely to be patient. Furthermore, the process of finding and enticing an angel is far less daunting than you might think. Companies such as Beer & Partners can put you in touch with hundreds of angel investors, and provide advice to hone your pitch. If you can put together a tight pitch with realistic growth projections, and are prepared to give up a share of your business, this could be the route for you. Crowdfunding. Crowdfunding is, essentially, an extension of the charity sponsorship page in the business world. People come together, on crowdfunding sites, to pool money towards a particular venture or idea it could be ten people putting in 500 each, or 3,000 people each giving 1.
For the original version including any supplementary images or video, visit http://startups.co.uk/10-ways-to-fund-your-business-without-a-bank-loan/