Finance Your Business

Finance Your Business

Once youโ€™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.

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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