What is Business Funding?
Different Business Funding Options Business funding comes in all shapes and sizes and your situation and capital needs may not be the same as the next guy’s. But, if you have a rough idea on the amount of business funding that you need and the type of investment partner that you’d like to have, you’re in good shape. You can use some guidelines as a general rule to match yourself up with one of the primary sources of business funding below: Friends, family and fools This is your closest group of contacts and therefore the easiest place to find money for your startup venture. This is a great group to approach if you’re looking for ten to twenty thousand dollars or less in startup capital. Many people find it hard to raise much more than this, but it’s not incredibly uncommon for an entrepreneur to raise several hundred thousand dollars from family and close friends. This group will be the easiest to persuade for investment and they’ll want the least amount of control over the business. H
