While some entrepreneurs are blessed to have a team of investors lined up around the corner or an aunt with deep pockets, not having money is no excuse. By knowing your product or service, understanding the basics for your business, and knowing where you’re headed, you can bootstrap your way to a successful business.
Skysthelimit.org has broken business funding into three main types: typical (or traditional), lenders and investors. Read our article to learn more!
The typical ways entrepreneurs use to fund their businesses are personal savings and credit, partnerships, pre-sales and donations. Even if you do end up needing to raise more money to grow your business, getting as far as you can on your own is beneficial for many reasons.