I want to start my own business, but I need ideas for raising the money .
There are many ways to raise money for your business .
What ideas do you have ?
Well , first you should look into different start up sources .
I have looked in my community for resources available to me , but have had no luck .
Then you should inquire at your bank for a business loan .
I did try to get a loan from my bank , but they do not want to help me .
Then you should definitely market your idea to a private investor .
I don’t want to rely on someone to guarantee my loan .
Well , if you have a product that you are sure will make money , then look into royalty financing .
What is that ?
You will provide the proof of your future sales to secure a loan now .
That is a much better idea , I’m sure I will be able to get a loan that way .
After you have your loan , what else will you need ?
I am looking for an office and I am also going to need a lot of special equipment .
You can just lease the items you need until you can afford to buy them .
Well that makes me feel better .
What other obstacles are you facing to raise money for your business ?
I’m afraid that once I get started , it won’t make enough money .
Then you should consider selling shares of your new company to the public .
How will that help me ?
If more people are financially invested in your business , they will be more concerned about it succeeding .
That is a wonderful idea , but what if I can’t find enough people to buy shares ?
You can always look into angel investors , but it will mean giving up a portion of your company .
Well , if they can get my business of the ground and keep it running , it would be worth it .
Good luck with raising money for your business .
Thank you for all of your great ideas .
No comments:
Post a Comment