Startup Funding
Let’s build your business, shall we?
Imagining yourself as a business owner is easy, but starting a business itself is hard. But that doesn’t mean you have to stop right then n’ there and just give up. You have to have a startup funding plan as one of the first obstacles to creating your business. But, the question arises–What kind of startup plan do you plan to prefer?
- Small Business Loans
A handful of banks offer loans to start your business, but around 80% of it will either be declined due to the change of regulation and less profit into smaller loans, but that doesn’t mean you don’t have to try! Some banks loan small businesses, for example–Citibank!
- Family and Friends
Ahh, the classics! Burrowing from them to start a business is one way to go! Unlike banks, angel investors, and Venture Capitalists (VCs) who you will have to convince first. Your family and friends understand your dream as much as you, and thus it’s part of the list.
- Crowdfunding
Kickstarter is one of the best ways to start up a fund! But to do that, you have to have good social media skills and interact with the comments, write posts from multiple accounts, and more! Imagine that the people who are reading your posts are mini angel investors!
- Personal Savings
It’s your dream and with determination, of course, you’re going to make it happen! At this point, you don’t have anyone to convince, but yourself. No banks, no angel investors nor VCs, just yourself. Convince that you are going to make your business happen, work hard, work smart and make plans!
Building a business is not easy, but once you complete all the things that are needed to be filled and filed, and with great strategies under your sleeves, you are going to reach peaks that you thought you would never achieve in the first place! Don’t rush, take your time and it will be worth it!
Are you perhaps lost in your sea of thoughts? Confused on what to do, worried about the lack of backup plans? Don’t worry for we’ll happily assist you! Just chat with us, we are available 24/7! Complete with the resources that will help you!