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== == Sources for finding investors

Angel Investors

Venture Capital

Bank and Micro funds

Friends and Family

Government funding

Self-Financing

Business Incubators

International Funding

Community Development Financial Institutions

Finance companies

Private Loan Guarantees

Short-term financing

Public funding sources

Credit unions

Advance against future sales

Pre-Launch Funding

Royalty financing

Have you tried the bank yet? If you go to them with a detailed portfolio and show them that this business will make money, then they will most likely give you a small business loan. A start-up business is among the most difficult to get financed due to the lack of operating history. Therefore, it is in your best interest to try to self-finance the business for as long as possible, until you have established some type of record. The first step is to determine your start-up requirements by identifying all relative expenses that your business will incur during its start-up phase. Some of these expenditures will be one-time costs, such as a security deposit for rent. Other costs will be ongoing such as monthly utilities, insurance, etc. Once you have properly identified your "realistic" start-up costs, you can determine whether or not you have the ability to support the business on your own through the initial start-up period. If not, you do have options. Start by asking your friends and family if they would be interested in investing. Be careful. You don't want to cause any hard feelings or place a financial burden on anyone close to you. Your next option is to take a look at what you own (personal assets) that could be used as collateral (house, land, rentals, investments, etc.) for financing the business through a traditional bank. Most lenders and investors require a business plan, so be sure to have one available. Typically, bank financing is not available to start-ups unless fully collateralize by deposits/assets from the owner(s) of a business. Even then, the bank will be reluctant unless it has complete confidence in the principal and/or management team. If you are turned down by a traditional bank, you can then approach the Small Business Administration (SBA). If your start-up is capable of supporting a large and growing market, you might be able to win over an angel investor or a group of venture capitalists. This is a tough undertaking and cannot be approached by the lighthearted. At the seed stage, funding usually falls in the range of $50-100k. Networking is the best way to find an investor. Ask you accountant, lawyer and business associates for referrals. Personal recommendations are often the only way to get your foot in the door of an investor. You can also visit after-hours business networking events. Check with your local Chamber of Commerce. They are a great source for all business related information and might be able to point you in the direction of an angel or VC. The internet is yet another option.

I fully agree and would like to add you can also try to find a business partner that has assets they can invest. You do not only get the money but a partner as well to help making it easier to take some of your business hurdles.

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16y ago

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What business should i start for under 10000?

If you are an expert or have some business skills then you can start a successful business. There are different business categories like you can start a clothing business or a small food restaurant. Its good to start a business in which you have some skills suppose you are an expert hair stylist then you can start your own business similarly if you have cooking skills then its good to start food business. Answer If you keep your day job for survival money, $10 K might help you get started in a service providing company. For manufacturing an invention, you would need much more. Write a business plan before you get started and then find someone who knows the ropes to teach you the right decisions. There is an organization called SCORE that has helped many.


Why did sam walton want to start his own business?

because he was porere


Which services for small business do you knowI want to start my own small business and I need a company to help me. We are talking about a reliable service for a loan?

I've use it - :// yazing .com/deals /creditrepair/Nucipy (just remove spaces, it's a affiliated link, but it good well with coupon code). It was recommended to me by a friend and I now only use it


Landscape architect yearly salary?

A good landscape architect can make around $139,000 a year. If they have their own business, they can bring in even more money.


Why start a new business?

okay i know it says two reasons but there are a number in which you can choose from 1-the individual may want to be his/her own boss. 2-to have a good income to support themselves or family 3-they can open an close any time they want....therefore not having to work over time 4-they can make their own decisions because they are their own boss

Related Questions

How to start your own business with no money?

You can try applying for a small business loan through a local bank or the US Small Business Administration.


How easy it to start your own business and where can you get the money to start it?

The difficulty with starting a business arises with getting a positive and workable plan together. Small business loans are a fantastic way to get the capital together for a business.


government grants to start your own small business for person with ADHD disability?

After getting the clear idea about the small business which you want to start and amount you received from the government you can start the business


how do you get funding to start up your own business?

small business assciate, or federal goverment


HOW can I start my own window washing business?

To start your own window washing business, first type up a good business plan, then contact the Small Business Administration about obtaining a business loan.


I WOULD LIKE TO START A SMALL BUSINESS OF MY OWN. HOW DO I GO TO GET A BUSINESS LOAN.?

You can try CIT Small Business Lending in Corpus Christi.


How much money do you need to start your own stationery business?

20000


What has the author Robert Ashton written?

Robert Ashton has written: 'How to start your own business for entrepreneurs' -- subject(s): Entrepreneurship, Management, New business enterprises, Small business 'How to start your own business for entrepreneurs' -- subject(s): Entrepreneurship, Management, New business enterprises, Small business


If Im starting your own business where can you find financing for a small business?

The best place to start in a quest for a small business loan is the Small Business Association. This is a government department that offers not only financing, but other valuable resources and information for people who own and operate a small business.


How do you know if you need a loan?

Answer It all depends on the amount of money needed to start your own small business. Remember, whatever amount of money you borrow to start your business has to be paid back, so if possible look for investers to start your company with rather than borrowing the money.


Which person that risks his or her own money to start a new business venture?

an entrepreneur.


Why do i want to start a business?

So we could get money to pay stuff that we own