Small Business Start-Up Money

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The best way to find small business start-up money is to begin with yourself. First, determine what you need. Then find the money. Most small businesses are initally funded by their owners. It's the quickest way to get your small business off the ground. Learn more about Self-Financing. Other Options Other sources include using outside money, which is difficult to get if you don't plan correctly. These come in three forms: (1) debt financing, (2) equity financing, and (3) grants. Debt financing are loans furnished to you that you must pay back, along with interests. Equity financing is money granted to you in exchange for partial ownership in the company. Grants are money given to you with no strings attached, except following the donor's guidelines. Helpful Tools Loan financing sources include the getting money through Friends, Family, & Acquaintances, and Banks. Key pointers are located in Small Business Loans. You can learn about equity financing through Business Investors. Learn about small business grants using Small Business Start-up Grants. Done right, finding small business start-up money can be an efficient process and help you jumpstart your company.

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Posted on February 18

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