: Raising capital for a new business venture is more difficult than selling Girl Scout cookies or setting up a lemonade stand. Lack of funding is the main reason why start-ups fail. Many great ideas and products have not been able to make it to the market.
American entrepreneurship and the determination to go after what they want would have prevented us from having Apple, Google, Facebook, Starbucks, and countless other companies that are part of our daily lives.
Here are five methods to raise capital for your business today’s economy.
1. Friends and Family. This is a tried-and-true method that has been used for start up funding for hundreds of decades. However, it is not without risks. A failed business can lead to broken relationships. or the end of a relationship.
2. SBA Express. The Small Business Association offers several options for borrowing money. SBA Express is a way for qualified business owners to borrow up $150,000 without having to apply for a typical SBA loan. In addition, the loan decision will be made within 36 hours.
3. Community banks. Large corporate banks are unable to offer flexible terms for community banks. Reach out to the Independent Bankers Association of America to find local lenders. They have access to over 5,000 community banks.
4. Crowdfunding. Crowdfunding platforms like Indiegogo and Kickstarter have raised substantial amounts of money from individual investors. You should set a reasonable goal for funding and a timeline. Seek out investors who will pledge funding. Don’t forget to meet your funding goal before the time runs out. Otherwise, no money will be received. As part of their fees, a percentage will be retained by the crowdfunding site.
5. DPOUSA. DPOUSA is an online platform that allows client companies visibility 24 hours a daily, 7 days a săptămână, 365 days of the year of a direct offering to a growing pool of more than 33,000 accredited investors. These institutions represent over $500 billion in capital. DPOUSA Special Council is unique to the platform. This council consists of 50 professionals representing different industries and available to assist DPOUSA clients. Visit www.DPOUSA.comFor more information, please visit
No matter what the economic state, there will always be people willing to invest in new businesses. New businesses generate jobs and boost growth. There are numerous sources that can help you raise capital. Once you have found the sources, you should prepare a plan that shows what you will do with the capital and how investors will benefit.
