How to Find Start-Up Funding
Course Introduction 
 

How to Find Start-Up Funding

Nearly half of all small businesses fail within the first four years. How can you make sure that your small business is part of the 50% that succeed? Too many entrepreneurs underestimate what it takes to start a successful business. In this course, we'll take a look at one of the top reasons so many small businesses fail—not securing the right amount of funding from the right sources at the right time.

Before thinking about raising capital for your business, you must have a completed and tested business plan. Your business plan gives you much of the information that will help you figure out how much money you need to launch your business and when you need it. If you don't yet have a completed business plan for your small business, consider taking the "How to Write a Business Plan" course.

To find start-up funding for your company, you must consider both the detailed planning work you've accomplished and think about your business in a "big picture" way. This course will help guide you through the process of determining what type of funding is best for your business and identifying sources of capital to pursue.



What is this course about?
Paul Wimer
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Media preference: Video Audio


a Initial Questions to Ask Yourself
  • How urgently do you need capital? How much time do you have to seek funding sources?

  • How big are your risks? Can potential investors be compensated for the amount of risk you will be asking them to assume?

  • At what stage of development is your business? What funding sources are most appropriate for that development stage?

  • Is your business cyclical or seasonal? Have you completely and accurately identified your funding needs?

  • How strong is your management team? Will potential investors have confidence in your ability to run the business?

 

 
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