How can one get the right financing that he needs for starting a business?

1 Answer

Answer :

answer:If you don’t have the capital you need to fund your business, try family and friends to lend you the capital you need to get started. Make sure that you have a realistic plan and budget for getting the business off the ground and how you intend to pay them back. Whether its by, a cut of your profits or partial ownership in the company. If you still need other financing, try the traditional way of going to a bank for a small business loan. Also check out if your business qualifies for any Federal grants for small business, etc. And last but not least, there is always Angel Investors or teaming up with a business parter/silent partner to fund your endeavor. Good Luck! R

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