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One Response to “Raising Money for Small Business?”

1. flingebunt Says:
   June 5th, 2010 at 2:33 am

   Depends on the nature of the business.

   You could start a shoestring style startup, you start at home and small and work your wayup.

   There are other ways.

   Loans are useful, you can put your home on the line.

   But often loans are needed to cover certain expenses, eg buying stock for a shop. In that case you can finance that with a loan, because the stock is an asset.

   Many business have expenses that can’t be covered easily a loan because of lack of collateral.

   One way is to get investment, friends, family, or go to a venture capital company. You can even approach companies that might like to work with you.

   Sure your personal profits will be lower, but no money, no business.

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