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Common Sources of Financing for Small Business By Jeff Schein
The choice of financing is an important determinant of whether a product reaches the market, or whether an existing business can survive. The choice of financing is an important part of being an entrepreneur and business owner, and the ability to raise cash when you have no or limited history takes skill and creativity. There are a number of sources of financing. The suitability of the alternatives depends on what stage you are at, and will change as the company matures from stage to stage. The following outlines the most typical forms available.
Yourself, Family and Friends
The most obvious and common start is for people to self finance. That means they either d... [ Read Article ]
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