Connect with like-minded individuals, ask questions, share ideas, and participate in discussions on a variety of topics.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Apart from my savings what other means can I use to source for business capital
It has been a tough one getting enough from my savings only
Honestly the best way to have enough money to start up your business is through your personal savings but in a situation when you don't have enough money to fund your business then it is very wise you look for alternative sources. You can borrow money from your relatives and family members if you doRead more
Honestly the best way to have enough money to start up your business is through your personal savings but in a situation when you don’t have enough money to fund your business then it is very wise you look for alternative sources.
You can borrow money from your relatives and family members if you don’t have the money yourself and promise to pay back.
You can also sell one of your properties like a land or a car to start a business
See lessYes of course you got the idea most people use the money they saved to start up a business having the money as the capital to the business that is a nice idea but now you are asking what is another alternative to having capital in your business without touching your saved money You can colleRead more
Yes of course you got the idea most people use the money they saved to start up a business having the money as the capital to the business that is a nice idea but now you are asking what is another alternative to having capital in your business without touching your saved money
You can collect loan instead so as you collect loan you will have money to start up a business is fully grown then you can pay back the loan and continue investing.
See lessIf savings alone aren’t enough, there are a few other ways to get business capital. You could look into getting a small loan from a bank or microfinance, or try crowdfunding where people who believe in your idea chip in. Another option is finding a business partner or investor who can bring in moneyRead more
If savings alone aren’t enough, there are a few other ways to get business capital. You could look into getting a small loan from a bank or microfinance, or try crowdfunding where people who believe in your idea chip in. Another option is finding a business partner or investor who can bring in money and maybe even experience. Sometimes, starting small and reinvesting your profits back into the business can help grow your capital gradually. It’s all about being creative and open to different sources, not just relying on your savings.
See less