How to consistently grow small business capital

Augusta

VIP Contributor
One of the duty to your business is to grow the capital overtime. This is one of the ways you can succeed with your business. You just need to keep increasing your capital. You can do the following:

Start with bootstrapping whereby you continue to invest your own funds and also reinvest the profits

Get financial aids from people to increase your business capital

Request for grants and business Loans with minimal interest rate

You can adopt strategic Partnerships where the partner be an investor or you aim for corporate sponsorships.

You can also try vendor financing: where your suppliers help you with credit purchases.
 

Mika

VIP Contributor
Instead of withdrawing your profits, if you continue to reinvest into your business, you will be able to grow your business capital. You might be able to start a business with a small capital, however, to stay in the business, you will have to continuously invest in your business but as a small business, you might not be able to do so,therefore, reinvesting your profits is one of the easiest ways to build your capital. Another good method for building capital is by going into partnership model
 

Augusta

VIP Contributor
Yes, you are right no need withdrawing your profits to spend. you would not grow your capital instead you continue to reinvest into your business with it, With this uou will be able to grow your business capital just the way you want it.

The whole idea is to continuously invest in your business. You can invest your savings or reinvest your profits. They are the easiest ways to build your business capital just continue doing just that to increase.
 
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