HOW TO RAISE BUSINESS CAPITAL WITHOUT TAKING A LOAN

[mubinadaddy]

You have said it all, you can also generate through crowd funding or rather take some job and do for a moment and raise some cash, you can also raise funds from friends and family or associate.

 

[Adventurer]

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!!

Yes this post helped immensely, seriously taking a bank loan for business is not always the best and should be avoided at all costs. These are wonderful ideas people can implement to start business without bank loan.

 

[Sincerem]

Your suggestions is nice, it shouldn't be necessarily about loans to run a business initiative. Other ways can still be reach to get the business going and flowing steadily. I believe in saving no matter how small it might be for long time.

 

[Mostee501]

Raising capital for business without taking a loan or not having enough finances to startup is not an easy task,but you start with small businesses that require little or no capital such as delivery services,or opening a shop.

 

[Sincerem]

At least through hard work one can find something tangible to hold on to, then save up to fulfill his or her desire to drive his or her own business. It doesn't happen overnight, but consistency in saving and hard work to make some cash.

 

[Ayokex]

Starting a business with loan should be avoided like a plague, otherwise it should be the last option after every possible option has failed. Some ways to raise a business capital without loan include
Person savings
Help from family and friends
Investors intervention etc.

 

[Heatman]

Starting a business with loan should be avoided like a plague, otherwise it should be the last option after every possible option has failed. Some ways to raise a business capital without loan include
Person savings
Help from family and friends
Investors intervention etc.

Personally, I don't fancy getting a loan for any reason whatsoever especially when I'm not sure if I can pay back the loan should the project I have didn't go well.

 

[nimzy]

To me raising a business without capital and not be able to sell out your skills to support the other then is unbelievable but thanks for your advice and sharing with us on this platform I have learned alot and it worth a try.

 

[IamDozzy]

The best way of generating capital is to use your savings. That way you don't get to owe people and always be under pressure to pay back. But if you don't have any savings, you can then borrow from family and friends.

 

[Abigael]

Having a job whether online or offline is one of the best ways of getting capital without taking a loan. But you must be so good at saving so that you don't end up not collecting any money from your job.

 

[Richard92]

The best way to raise business capital without taking loan is by getting help from friends and family, this will enable you will not to go to the bank and get loan because friends and family will assist you with out no additional interest so the money wish they borrow you.

 

[Sincerem]

Personally, I don't fancy getting a loan for any reason whatsoever especially when I'm not sure if I can pay back the loan should the project I have didn't go well.

Seeking for a loan first time on business isn't ideal, i see it as ordeal. I'll rather work gradually offline and online to save money to start one, even if it will take me time.

 

[Kelly5]

you can call up a relative or a some friends of yours that you think can help you start up a business with some capital. You can get some for yourself from the savings you must have gotten saved for that purpose too. These can make something for your business

 

[Setfragil]

I always say that to raise business capital without taking a loan from the bank is to take grants from parents, family and friends. When you take grants or even loan from them, it comes with rest of mind that you will be able to pay back at your own convenient time.

 

[Sheyemanu]

Well concerning your question 9n alternative ways to raise capital for your business venture without applying for a loan, I would say one way is by sourcing for funding from angel investors, another way is by getting help from a family or relative

 

[Heatman]

Seeking for a loan first time on business isn't ideal, i see it as ordeal. I'll rather work gradually offline and online to save money to start one, even if it will take me time.

If you have any questions on how to get money for your business my advice would be to try as much as possible to save the money for the business instead of getting a loan.

 

[Sincerem]

If you have any questions on how to get money for your business my advice would be to try as much as possible to save the money for the business instead of getting a loan.

That's the best, saving money gradually from any amount you made working online or offline is just better off than taking loam during business first start up.

 

[Heatman]

Seriously, when you save your own money and start out your own business with it, you know immediately what you need to do to in order to grow your business.

 

[Shigobad20201]

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!!

"Nobody is poor and nobody is useless", is the word you must always remember when you are down, all we need is to pick our self up and think about what you want in life and act on it, we all have something to offer .

 

[Heatman]

"Nobody is poor and nobody is useless", is the word you must always remember when you are down, all we need is to pick our self up and think about what you want in life and act on it, we all have something to offer .

Exactly, there are some times in life when one would be so lost and confused about what to do with their lives. I have been in such situations and it's not something all can get through.