Capital sources: Finding capital
you're a large conglomerate or a pretzel vendor, you follow the
same rules for growing your business. At the foundation of business
development is money. It's why people go into business and it's
how they stay in business. Money symbolizes freedom and entrepreneurs
want more of it.
Here is the new-business-owner paradox: How does one
find the money to start a business to make money? Even if you have
personal cash, most experts recommend that you use other sources;
for leverage, for expertise and to share in the financial risk.
There are more sources of capital available today
to the small business owner than ever before, according to experts.
Of course, most have some type of string attached -- it's called
the return on investment. You must carefully examine the alternatives
to make sure the borrowing is done on terms you can manage, with
monthly payments you can afford.
As the experts say, the cheapest money wins.