Sources of funding for businesses

[Buba]

Write your reply...sources of founding of businesses there are found on business you can utilize your personal savings.

 

[Chizfab]

It comes in handy, as there are lots of ways to get capital for startups. However, l will recommend the following to avoid stories that touch; Personal savings, soft loans from family and friends, long term loan from banks and grant from organizations and sponsors. If you are into agriculture, there is a special bank for you to acquire loan.

 

[Psalmseen]

There are lots of source of funds for business. You can raise funds through loans, overdrafts, money from friends, grants..but I don't advice one to take loan in order to start a business, it's not advisable.

 

[Ezekiel]

Personal saving is a means of getting fund for a micro or small scale business,but when it comes to a large scale of big one we will need large fund and that can be gotten in farm

 

[Kelly5]

Starting a business for someone who does not see the loaning direction as an option to get loans. The person can start with his savings, or get the assistance of family members and friends alike for his source

 

[Sotherefore]

Personal saving is a means of getting fund for a micro or small scale business,but when it comes to a large scale of big one we will need large fund and that can be gotten in farm

It might be very difficult for you to be able to raise enough money to start a large business and in this case I think the best thing you need to do is just to start up a small business and grow it to the standard you want it to be

 

[Senator]

Well the funding options available for you to explore if you don't want to take a loan which is something I also would advise against is to get it from your personal savings account that you have somewhere

 

[Richard92]

You can utilize your personal savings, contribution from family and friends, contributions from credit and thrift societies, sales of assets like lands, houses or any other asset. These kinds of sources when joined together can raise a very huge capital for your business.

You are different source of funding for business the most common source of funding for business government grants loan from banks and personal savings.

 

[Mayox25]

There are so many sources of getting capital to start a business. Some of these sources are loans from financial institutions, personal savings, contributions from family and friends or borrowing from them.

 

[Oliver4smile]

The best way to get funds for your business bus working yourself for some time to save enough money or getting free money from relatives and friends but if that is not possible, getting a loan can be another option but not the best.

 

[Ralphjoe]

You are different source of funding for business the most common source of funding for business government grants loan from banks and personal savings.

You are very right that there are different source of funding for business and one of the most common sources of business funding is personal saving. I really love this form of business funding as it is one of the most easiest sources of business funding.

 

[Lens]

The source of funding is a big issue most especially if you do not have enough capital to start up the business, taking loans is not the best option. Your could source for funds from families and friends. No matter how little it is , just start the business with it. With dedication and hardwork, you would triumph.

 

[Ralphjoe]

The source of funding is a big issue most especially if you do not have enough capital to start up the business, taking loans is not the best option. Your could source for funds from families and friends. No matter how little it is , just start the business with it. With dedication and hardwork, you would triumph.

I do not know the reason why most people do not like the idea of taking loans from bank to start up their businesses maybe they are so afraid that the business that they want to start with definitely feel if not I do not see any reasons why people shouldn't take the book step of starting up a business by taking a loan if they are very sure that their business idea will work out.

 

[eLdavis]

I do not know the reason why most people do not like the idea of taking loans from bank to start up their businesses maybe they are so afraid that the business that they want to start with definitely feel if not I do not see any reasons why people shouldn't take the book step of starting up a business by taking a loan if they are very sure that their business idea will work out.

Most persons do not like taking loans for various reasons, some it could be because of their beliefs, others it could be because they do not want to work under pressure maybe due to the fact that they don't do well working under pressure.

 

[Stnicholaz]

It's not advisable to start a business with bank loan. You start with you the little you have or seek assistance from friends and family or probably set some assets if you have any. If the business is doing pretty fine and you wish to expand you apply for loan.

 

[Ezekiel]

There are different sources of seeking fund to start up a business, though I prefer saving from the little income I get,seeking money or fund make me work under pressure as in know the money is not mine

 

[Heatman]

There are many ways to source for capital , some is through loan , getting grants from government and personal saving could be helpful to source for fund

Seriously, when it comes to getting loans or grants from my government, they are the very last person you should be expecting to get anything from as they don't care.

 

[Ceeny007]

You could source for funds from friends and family and also from personal savings, you could also pitch your ideas to a group of investors for funding
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You can pitch your business idea to investors who could support you, seek funding from sales of valuables and friends and family support

 

[Good-Person]

The best alternative to taking loan is to start small. However, you can invest the small amount of capital you have in order to generate profits. You can do this if you do not possess a small amount of profits if you do not have much capital.

 

[Ralphjoe]

Seriously, when it comes to getting loans or grants from my government, they are the very last person you should be expecting to get anything from as they don't care.

You are very right as it is very difficult for people to obtain loans and grants from the government in five when the government want to give out loans and Grant it is for very few people that way most likely benefit from it.