Welcome to Admin Junkies, Guest — join our community!

Register or log in to explore all our content and services for free on Admin Junkies.

Sources of Business capital

Well, in reply to your question in the above post concerning what are the different sources of business capital available, well I would say that you could take bank loans or appy for government grants or seek for angel investors
 
Advertisement Placeholder
There are so many sources of capital for business that you can utilise based on the type of business you want and the capital required like grants or even bank and cooperate loans.
 
I presently dont own a business of my own but I do have the intention of opening one soon. I have the business idea, I have made alot if research have gathered alot of information about this business. I have even spoken to some experts and observed them while working buy my major problem is the capital to start the business. I have saved very little that is way to small to even start a small business of this business type.so my question is how do I gather more money (capital) to start the business. Another tthing is am not a big fan of borrowing money and obtaining loans.
I think if you are not too comfortable with borrowing you should then resort to saving. You should be patient and work towards saving money first.
 
Bank(loans)
Your Savings
Selling your assets
Friends
Family
The list goes on and on
I am glad to see the selling of assets in your list. For me, selling an asset to have the capital for starting up a business is the best when you have no savings to speak of. But you have to be discerning with the kind of asset to sell. The most common in that case is the vehicle or I should say the extra car can go.
 
I as of now dont own my very own business however I do have the expectation of opening one soon. I have the business thought, I have made alot if research have assembled alot of data about this business. I have even addressed a few specialists and noticed them while working purchase my serious issue is the funding to begin the business. I have saved almost no that is approach to little to try and begin an independent company of this business type.so my inquiry is how would I accumulate more (cash-flow) to begin the business. Another tthing is am not a major enthusiast of acquiring cash and getting credits.
 
You should really work on your own to raise the money that you really need to start up your own business, if you're not getting the required money you need then obviously you might not be ready to handle a business, because getting a loan is not the best option.
 
I'll greatly advice against taking loans my friend, it can be really depressing when you are unable to pay back. Best thing to do is to start with whatever you can find.
 
Sourcing for business capital isn't that easy. The best way to get Business capital is through personal savings. With this method you will be able to expand your business with profit made from the Business
 
  • Personal investment. When starting a business, your first investor should be yourself—either with your own cash or with collateral on your assets.
  • Love money.
  • Venture capital.
  • Angels.
  • Business incubators.
  • Government grants and subsidies.
  • Bank loans.
They are different source of business capital there is government grants subsidiaries bank loan money from friends and family individual service all these can be source of business capital.
 
There are different sources of business capital. You can raise capital through your personal savings, you can get grants from parents or friends and you can take a loan from the bank.
 
The various ways to raise capital for business startup include from personal savings, from familyand friends, through investors and forming partnership.
 
I presently dont own a business of my own but I do have the intention of opening one soon. I have the business idea, I have made alot if research have gathered alot of information about this business. I have even spoken to some experts and observed them while working buy my major problem is the capital to start the business. I have saved very little that is way to small to even start a small business of this business type.so my question is how do I gather more money (capital) to start the business. Another tthing is am not a big fan of borrowing money and obtaining loans.
You got a nice idea of not borrowing money in order to start a business. I think you just have to give it a more time to save money and then you go on business.
 
Well, I don't also think that taking loans to start up a new business idea is actually advisable. If you could get the remaining part of the money from family members or wait till you save up the remaining amount yourself.
 
That's the problem that most entrepreneurs face! A start-up capital. When savings are not enough, you can reach out to friends for help and they might loan some money. Getting loans from a bank won't be easy and these online lenders start with 2k
 
The best source of capital to a business is the personal savings or grants he gets from parents, families and friends the government or other well wishers.
 
Write your reply...sources of business contact well stating a business with more capital is so good but instead of money you would borrow and pay it back
 
Maybe you can start by looking around you to see what you can sell. Something that belongs to you, has some value and you won't mind letting it go for money. You might find that you actually have alot of stuff you can sell to get the money you need.
 
There are different sources of capital a business can use to fund it but the best source of capital in business is your personal savings in business.
 
There are various sources of business capitals though a lot of persons prefers going for loans as it is one of the easiest but I feel it is not the best, I my self prefer saving up to start up my business. Before start up, I should have found out all that is needed for startup the next best step would be to find something doing and save up
 

Log in or register to unlock full forum benefits!

Log in or register to unlock full forum benefits!

Register

Register on Admin Junkies completely free.

Register now
Log in

If you have an account, please log in

Log in

Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
Win this space by entering the Website of The Month Contest

Theme editor

Theme customizations

Graphic Backgrounds

Granite Backgrounds