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Start Your Own Business-Part 10

  • Broadcast in Business
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In this presentation we will discuss the sources of funding. Few entrepreneurs have all the money they need, entrepreneurs and after the willing to accept risks, don't expect to get a loan from a bank, take a good look at yourself-- are you credit/investment worthy? Sometimes you have to give up something to get something, raising money and takes considerable time, you will need to be a salesperson to get funding, raising funds takes resilliance, not all money is alive, unique and F-plan, developing the F-plan for your venture, bootstrapping proactive ways to raise and conserve cash funding sources come in all shapes and sizes, criteria that binds used when considering a loan request, other factors to consider when you see a loan, funding can be a real challenge. This is the biggest issue that people face who have a business is where to get the funds to build your business. If you don't have good credit to begin with you are unable to get business loans from a bank or SBA microloans, that is why you have to learn to be creative when starting a business, and also have multiple streams of income to finance your business. People should listen to the show are entrepreneurs, people with home based businesses, coaches, executive search consultants, and also people who help finance companies.

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