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Funding a business
Best sources of business capital
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[QUOTE="allison001, post: 298179, member: 40034"] Control and flexibility: Some sources of financing, such as venture capital, may come with strings attached in terms of control over the business. Make sure you understand the level of control you will retain, as well as any restrictions on how you can use the funding. Purpose of the funding: Consider what you will use the funding for, as different sources of capital may be more appropriate for specific purposes (e.g. working capital vs. long-term growth). Impact on credit score: Some types of financing, such as debt financing, can have a negative impact on your personal or business credit score. Be aware of the potential impact on your credit before you choose a funding source. Remember, choosing the best source of capital for your business is a critical decision that can have long-term effects on your success. Be sure to weigh your options carefully and seek advice from experienced professionals, if necessary. [/QUOTE]
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