Reply To: What way did you fund your business?

By Susan

  • Total Post: 36
Points: 259

In many cases, piecing together funding from numerous sources is the way that companies have gotten off the ground. Oftentimes, an entrepreneur may not have access to loans or other avenues of credit. Therefore, turning to family and / or friends for funding may be necessary. In other cases, a new business owner may need to continue working either full- or part-time so that income will continue until the business gets up and running. While it may provide you with more time to work on your business, going full force at the beginning could have disasterous consequences if you have not incoming cash flow, and the business does not take off the way you hoped it would.

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