Tuesday, March 26, 2013

Top 5 Tools to finance your new business




Ideas need money in order to become a reality, and more importantly, they need a lot of time and a lot of effort. Although there are many funding opportunities available in the market, but you have to realize from the outset that no one can achieve success without hard work.


If you would like move your idea of ​​stage dreams into practical application, you should be aware that this road paved with tears and blood, sweat, although I have heard many stories about people achieved successes that overnight, or for others who amassed millions easily, you have to repeat think again about what he wishes to do. Ideas need to be money in order to become a reality, and more importantly, they need a lot of time and a lot of effort. Although there are many funding opportunities available in the market, but you have to realize from the outset that no one can achieve
Success without hard work. If you are willing to follow your dream until the end, you can resort to the following methods that will help to provide the necessary funding for your business in all phases of the project:
 1.  personal relationships:
You can always resort to your parents, all small investment needs someone to believe in them and supported in their infancy, and who does it better than the family? Be sure to enclose yourself with people who support your vision and better Ihvzonk. But do not ask them money without having a clear plan. Tried to start writing a proposal, or a simple introduction about your business and your vision for the future project. You can also append some pictures for the product or service that you want to promote. Which would give more credibility to your business, even if you are requesting financial aid from your parents.
  2. fundraising:
This method can provide assistance at all stages of the life of the various projects, especially in the beginning, when business owners do not have a very clear vision for the future conduct of their plans. Such campaigns About Us emerging and cover a minimum of production in order to achieve adequate material support you. This means also allow entrepreneurs to raise money without giving up part of their company to an investor in such an early stage.
There is a misconception about the fundraiser that activity by small businesses only, but this is not true total, large Businesses also resort to such promotions from time to time in order to test people's reactions to new production lines
  3.  angel investors:
While bringing your project to the stage of stable and consistent success, you can search for reliable official aid. Although this may mean mostly abandoned part of the Company or grant a share of the business to the investor new, but such investment companies provide technical support and professional required except for material assistance large and that may mean the difference between continued success or failure.
Then identify the months and investors who may be concerned your field, and try to find an appropriate occasion to give them your business. With the financial support of these investors can submit, you can move your business to a higher stage, as you can expand your base of customers interested in your business.Also tried to use the expertise of people who are showing great interest what you are doing.
 4.  Associations Small Business:
Such institutions provide initial support for ambitious projects, by providing advice and sometimes money. Tried to gather as much information about such institutions by visiting their websites or visit their offices.
  5. personal savings:
Many owners choose to stay in their jobs longer so they can finance their own business out of their own pockets. Although this may be tired in the beginning but it's nice not to need to give a share of the business to an outside investor.
Some intentionally to delay starting their own business even believe adequate funding of what they want to do, Some may not favor recourse to borrowing or seeking behind the foreign investor. But recourse to such an option really depends on several things, including whether you can provide some amount of your business, whether your savings accumulated days will allow you to turn your dream into reality. Were not the case, perhaps it calls the pursuit of external funding.
The bottom line is that you need to choose the road that connects you to your goal, even if it meant giving up part of your company or your brand in exchange to achieve your vision. The important thing is to decide the best way to provide funding for your own business. Do not rush to put your project to investors before you finish the preparation of a coherent and convincing proposal covers the basic aspects of the work

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