Growth, Finance, And Risk: How Are They Related?
In this article, we are going to take a look at the different stages of your business as they are defined by your need for funding. Seed Stage This is the very beginning of your business, and if everything goes right it is the time when you will most be in need of money. You need to purchase the supplies required to run the business, advertising, some kind of income, create an inventory, and so on. The problem here, of course, is that you have no funds coming in to pay for all of your needs to grow your business. You are at the highest risk point as far as investment that you can be and that means business funding might come fairly hard. Fortunately, your funding needs are going to be lower at this point than in the future as well. You can probably fund through another income or from a loan or money borrowed from friends and family.
