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Funding a business
How is a Business Funded?
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[QUOTE="Jasz, post: 225172, member: 61772"] When you feel ready to start a business but lack capital for starting costs and overhead, it can feel like you're at a dead end. Don't give up! There are plenty of ways to get your company off the ground without needing a lot of money up front. The first thing to remember is that everything takes time, and while some businesses are built in an overnight success, many take years of hard work before they really take off. If you need to make money while you're working on getting your business going, look into ways you can use your skills and knowledge to freelance or consult with other businesses. If you're interested in applying for loans or investors, consider applying to a pitch competition. Competition winners often receive small amounts of cash or help with setting up their business from larger companies. You may also be able to find investors who would be willing to lend their extra funds for a share of your company's profits until the loan is paid back. Finally, if you have debt from schooling or other life events and have a good credit score, use a credit card with low interest rates as a form of credit for your business. [/QUOTE]
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Funding a business
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