Finance Your Business

Finance Your Business

Once you’ve developed your business plan, you should have a clear understanding of the amount of money (or capital) you need to start and run your business. If you need to raise or borrow money there are several options.

 

Last modified date: Mon, 05/04/2015 - 10:43

Borrowing Money

Borrowing money (or debt financing) requires repaying the loaned sum over a period of time, usually with interest.

Last modified date: Mon, 05/04/2015 - 10:49

Raising Money

Raising money allows a business to obtain capital without taking on debt. You might accept investments (also called equity financing), where your investors give you money in return for a share of ownership in your business. Another way to raise money is by crowdfunding from people who want to see your project or business succeed.

Last modified date: Mon, 05/04/2015 - 10:49