Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Buy A Business Opportunity of Franchise
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News
Come Read Our Featured Articles About Business Opportunities, Franchising, Business Opportunity News and More
Are into healthy living? Do you have an entrepreneurial spirit? If so, you should read about this skincare, beauty and hair care product business opportunity. A company that is pioneering the...
Did you know that you can operate your own business that helps mid to large sized companies with their energy efficiency? Yes you can with this clean technology (cleantech) energy management...
Are you into healthy living? Do you have an interest in working for yourself? Well then, you should check out this nutrition and wellness product business opportunity that enables you to be a top-selling health...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
Promotional Products Home Business
Run Your Own Business. Be Your Own Boss. Earn Great Profit Potential. Start At A Low Cost. Try It For Free!
Carelumina
Make up to $1,000/week! We are changing the industry with our physician formulated state-of-the-art products & services!
CTFO
TAKE A FREE POSITION NOW WITH CTFO SELLING CBD HEMP OIL! Join The Hottest Wellness Trend & Next Billion Dollar Industry.
NUMedia
NEW OPPORTUNITY JUST LAUNCHED! Try it before you buy it! Click To Get Your 15-Day FREE Trial! Daily payouts no waiting!
Here's the Quickest & Easiest Way To Earn Passive Income
Absolutely Remarkable Money Making Program! Many come up with excuses when they are afraid to take action! BE DIFFERENT!
Home-Based Travel Business Making $$$$
Cash in with us on the Multi-Trillion Dollar Travel Industry by working as an independent Affiliate for World Discovery!
How Many Leads Does It Take To Close A Sale?
This article is now live on our blog and I know could be very insightful for many. Read On
It Takes a Hot Voicemail to Land a Warm Lead
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
 
Resource Center > Article
Fund Your Start-up or Business Opportunity
21 May 15 Posted by: Kevin James Culp
in Featured Articles
Share this Article:

At almost some point in your intrepid entrepreneurial career you will find yourself in the need of the financial wherewithal to fund a the start-up or business opportunity you desire to get off the ground.  Maybe it is "off the ground" per say, but needs an infusion of cash to really start producing. Learn how to fund your start-up business opportunity or franchise.
So, how do you find this seed money, float, loan, advance, cash, moolah, working capital, scratch, dough and the many other adjectives that I can think of for MONEY!  If you just don't have sufficient collateral, good credit and/or cash to finance the start-up of your venture, you need to begin looking for a partner or partners who have the finances, desire to participate in this type of start-up and need the skills and ideas you possess to make the business work. Below are my top start-up funding ideas.

My Top List of Ways To Fund Your Start-Up:

Self-funding - These include such ideas as cashing out all or a portion of your 401k, using major credit cards with high balances that you can pay back over time.  I highly suggest you don’t run up your AMEX with no funding to pay the bill that is due at months end.


Personal Savings - If you’re thinking about quitting your day job to start a business, first take time to stash money away and lots of it.  Then think again and keep your day job while you fully fund your new 'hobby' that can turn into something more if fully funded.  If you have to decide between paying a light bill and funding your next month of service for your website as an example that is a sign you need to source other funding than your own.

Home Equity Loans - If you are one of the lucky ones who still manages to have equity in your home (insert laugh here for most) – you can take out a home equity loan to fund your business.

Personal Investors - When starting your new business start-up, don’t overlook the potential resources that are closest to you. Anyone can be an investor but, always watch out with doing business with friends or family.  While it doesn't always end in an ugly it could and you don't want to loose a family member over a business investment of any kind.

Peer Lending - This form of start-up funding is becoming more and more popular. These days there are social networking websites available to help you raise money for your business. Check out sites like LendingClub.com and Prosper.com to learn more about how these peer funding programs can work for you.


Angel Investors - FundingCircle.com - Simple, affordable business loans - Who They Are: We’re a marketplace that connects established businesses looking to borrow, with people and other investors who want to lend. By cutting out the costs and complexity of dealing with banks, you can get an affordable loan for your business in less than two weeks..


Crowd Funding - FlashFunders.com is a good source: Accept investments at any amount and open your offering to the crowd. Small investments are pooled into FlashFunds so you don't have to add small investors to your cap table. Investments over $25K buy shares directly in your company.

Pawn Shop - So, this might be lower on the ladder than some are willing to go, but if you need a short-term loan fast and you do have collateral such as gold, silver, jewels, musical equipment, cars or whatever you are doubtful to get a straight-up loan from a pawn broker who isn't bald and laughs a lot.

In closing, never let the lack of funding stop you from achieving your business goals!  If you have the desire, motivation, talent and guts you'll make it!

My Top List of Ways To Fund Your Start-Up

Carpe Diem My Friends


 

Related Blog Posts
20 Jun 18 Posted by: Todd Hatch
in Featured Articles
Are into healthy living? Do you have an entrepreneurial spirit? If so, you should read about this skincare, beauty and hair care product business opportunity. A company that is pioneering the...
11 Jun 18 Posted by: Todd Hatch
in Featured Articles
Did you know that you can operate your own business that helps mid to large sized companies with their energy efficiency? Yes you can with this clean technology (cleantech) energy management...
7 Jun 18 Posted by: Todd Hatch
in Featured Articles
Are you into healthy living? Do you have an interest in working for yourself? Well then, you should check out this nutrition and wellness product business opportunity that enables you to be a top-selling health...
4 Jun 18 Posted by: Todd Hatch
in Featured Articles
At BusinessOpportunity.com, we have many financial services business options, including a home and commercial property financing business opportunity. As...
30 May 18 Posted by: Todd Hatch
in Featured Articles
There’s no question, technology is the way of the future. Advances in medical technology not only deliver safer and better results to patients, but these medical technology advances also create jobs as well as business opportunities for entrepreneurs.  
 
   
Entrepreneur's Source for Everything Business Opportunity and Franchise Related

I had the pleasure of chatting with Shawn Pigg, CEO of Hotels Etc. for BusinessOpportunity.com's Podcast series that will be released very soon on our new Digital Platform.  Here is the transcript from that call for our regular RSS feed subscribers who get all of our posts first.

If you would...
Read More


Premium Sponsor