Finding Start-up Business Capital

All businesses need some form of capital and funding in order to be able to start-up. If you haven’t got enough money to invest yourself, then which sources could you be looking towards?
Looking For Investors
You may want to explore the idea of whether you can find any investors to invest in your business. They could be a pure investor, providing money and perhaps shares in the company, or they may prefer to be a silent partner, where the money is provided, but they’re happy to sit back and let you make the decisions and run the business in your own way.If you have a viable offer of investment, then do give it plenty of thought and ensure you know and are happy with what level – if any – of involvement in the day-to-day running of the business that they investor wishes to play.
pIf you’re taking investments from friends or family, as many people do, then do take extra care to ensure that you’re all fully happy with the deal and what’s involved, as mixing business with friendship or family can sometimes pose problems.Finding Grants and Funding
It’s worth investigating to see whether there are any grants or funding opportunities available in your area that would be suitable for your business. Where grants exist, they often have set criteria that you have to meet before you can even apply, so you do need to do careful research first. Often grants are available for young entrepreneurs, businesses that want to develop new angles, or specific types of businesses.Local business groups are a good starting point for finding out what types of grants and funding may be available in your area. Another good way of obtaining information is to look for the grants and funding directories available at libraries. Updated on an annual basis, they’ll provide all the details you need to see if you could be eligible to apply and, if so, how and when to do so.