HOW TO RAISE BUSINESS CAPITAL WITHOUT TAKING A LOAN

[sam386150]

How to register a business idea without collecting a loan it is very very simple terms business need to be a very disciplined person,that being disciplined you can use your capital also use the whole income and that made lets you do go and collect your so if you want to avoid alone in the business minimise the way you do things and then control in a successful way.

 

[Psalmseen]

Not taking loan in a business is a very good idea for a small business because you never know if you'll fail or succeed as all business involves risk. Business can raise capital through trade credit, money from family rather than obtaining a loan that may boomerang at the end of the period

 

[Heatman]

How to raise capital for business without loan is mainly through the persons savings, someone can also borrow capital funds from his or her friends and another option is your family when they support you with capital you won't have too much tension of paying back

Personally, I rather borrow money from my immediate family members and very close friends who would understand me better in times of challenges I might have in paying them back as at when it's due but getting loans from banks is a suicide in my opinion.

 

[Tinaconcept]

Personally, I rather borrow money from my immediate family members and very close friends who would understand me better in times of challenges I might have in paying them back as at when it's due but getting loans from banks is a suicide in my opinion.

My dear borrowing from banks or getting loan from all this microfinance bank is actually a suicide mission. I have a friend who got loan from microfinance bank to be paying back on installmently if you see her every Friday you will pity her because that's payment day.

 

[Denuola]

Participate in entrepreneurship funding programmes

These programmes are all over the place.Their purpose is simple: to encourage and support small business ownership, thereby creating jobs and fostering economic growth.
Pay as you go

This is a form of bootstrapping. Every profit you earn from early adopters and first set of customers is redirected back into the business or used to pay your suppliers (who supplied you on credit based on trust), and members of staff (who probably agreed to work for free in the first month).This means cutting down on excesses and delaying capital purchases.You might have to share office space or use your home, computers, hire on contract (instead of employing permanent members of staff).
Call a friend

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If you want to keep things ultra-simple, approach a supportive friend or family member, who might be willing to provide a loan.

Funding from friends and family is a very popular and effective way to round up some initial capital for a business.

Make sure that you are not borrowing money that they can’t afford to lose.

• Make
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• Working

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• Ambition

 

[marky]

It will be off-base for a retired person to gather advance they as of now have a bundle like credit which is there tip.

They are paid mass cash that will empower them put resources into any undertaking or business of their sort. Banks would prefer not to lose cash since they realized that retired people are obligated to kick the bucket with their cash haha.

 

[Zamaney]

I think start a business without not collecting a loan from bank well there are many way to do that first you can start small from your pension money or look at one of your best property that you know is expensive you can sell it off at that you can use the money to start your dreams business lot of business did not make it a day it small by small

 

[Patrik]

What i would say as an additional advice is reinvesting what you earned, with this way, you will be improving the capital more and more without paying anything from your own wallet or having to take loans

 

[Presh1503]

K

Loan can be gotten from personal savings, friends and family. Capital can also be gotten from selling of properties, to fund ones business. One must make sure that when selling the properties, you don't collect advance payment, but full payment, so that you dont sell to scammers.

Raising capital for a business is not easy but there are many ways of raising capital without taking loans
You can raise capital from your personal savings,among your friends and relatives and you can also raise capital from grants and aids from government

 

[Planet408]

You wrote well. That was very thoughtful of you. Raising a capital for a business is not always easy. But Atimes it requires one to actually look within himself like you rightly said. Most times this demands creativity from us and to know the things we can do to raise money for ourselves.

 

[SirMid]

Nice one, thanks for the update

 

[Obaterof]

Renting out your home is the simplest way to raise money to finance your business especially if you own a large house. It is not as risky as selling your house or using it as collateral to secure a business loan. But, rental income may not match your funding requirements. Now in days, there are apps like Airbnb that allow you to easily post your home as a vacation rental. Nonetheless, it can help you maintain steady cash flow for your business.

 

[Josemendez]

Not all friends can be able to help financially when you call on them ,thus having g friends as an option is not always feasible.
I think the person should first of all work under someone ,save up enough money before leaving to start up his own business .

 

[jimmann247]

You are correct, I was told my by my uncle how he raised his capital for his current big business without taking a loan. He said he use to save money and he will use the savings and buy a pies of land and after 2 or 3 months he will sell the land higher prise, then ho and buy 2 pies of land again and do same thing while still saving normally.

 

[shakky2]

there are so many ways to raise a business capital without running a loan,this can be done by getting share holders to hold a share in the business and also it can be done by trying to source for grant from the government

 

[Queentener]

Hello family!

Have you been looking forward to starting your own business but do not have the capital and don't want to opt in for a loan?

The truth is that 800% possible to start a business without running to banks and financial institutions to secure a loan.

I discovered a lot of people especially youths have the financial problems of starting their own business so I had to take a time today to make a little research on how to find a way around this.


The first step to raise the capital for your business is by looking within:

NOBODY IS POOR
NOBODY IS USELESS

Everybody has something to offer do it may not always be money.

To raise up capital for your business without a loan might might involve certain level of risk that you need to prepare to take.

First look within yourself what do you have to sell, what about your savings either for retirement or for something else?

The first step is try to raise the capital no matter how little it is from what you already have


** I once started a bussiness and along the line everything was going on well until I fell into a scam and eventually lost everything.
At some point I felt very bad and like it was all over but then I needed to move forward and I had nobody to give me money , so what I did was to look around me, picked up my gadgets and electronics which I sold and I was able to start over again.**

You too can do the same!!
There are still things around you which you can sell to raise part of the capital even if its not the full capital.
Selling something to raise the capital may not always be your properties, it may as well be your skills.

CALL A FRIEND OR RELATIVE

Like the saying goes that "no man is an island"
In times like this, one of the best move is to call the attention of a close friend or a family member and let your business intentions known to them.

This is one strategy used by many entrepreneurs and it's still working till date.
You too can do the same and start that big business you never dreamed of.

Hope this helps??


Thanks for reading!!

There are some loans that have flexible payment options, I do not see anything bad in getting a loan to start a business. I feel with the loan it will put you on your toes.

 

[Shahid]

Self-funding, also known as bootstrapping, is an effective way of startup financing, specially when you are just starting your business. First-time entrepreneurs often have trouble getting funding without first showing some traction and a plan for potential success.

 

[adazeez1995]

If you really want to start up a business and you can't afford a capital. There are a number of ways in which you could get funds. You could start from your savings. Save a certain percentage of your monthly income for a particular period of time of which it would have accumulated into something substantial enough that would be able to fund a business. Also you could consider selling some stuff you have which you are no longer using again or you haven't use for a long time in order to fetch u money.

 

[OderuMiracle]

1. Tap into your own money. If you can't invest in your own business, why should others? ...
2. Participate in entrepreneurship funding programmes. These programmes are all over the place. ...
3. Get a business partner. ...
4. Pay as you go. ...
5. Call a friend. ...
6. Angel investing. ...
7. Contact:

 

[Aniwhyte]

Raising business capital without taking a loan might seems one of the hardest things to do, it isn't in anyway easy most especially if you're not working. In such a scenario the best way to raise your a business capital is taking loans from family and friends.