How to Raise Start-Up Capital
One of the aspects that entrepreneurs find most
daunting is raising start-up capital. Gone are the days of pitching investors
with hot new technology ideas. Today, entrepreneurs are much more likely to
dive into their own pockets and hunker down for a battle to start up and stay
alive. But if you don't have the cash in your wallet, what do you do?
Luckily, there are still options for funding new companies but finding and securing the cash will take careful research, good negotiating skills, and, above all, an unflagging commitment to launching your new business.
Luckily, there are still options for funding new companies but finding and securing the cash will take careful research, good negotiating skills, and, above all, an unflagging commitment to launching your new business.
Start your capital search with a good business plan that shows
investors and lenders your company's potential. Follow that up with a thorough
knowledge of the resources available and a determination to make your business
a reality and you should be on your way to uncovering a source that fits your
new business's cash needs.
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