West Entrepreneur Forum / General Updates / Funding / How To Get Capital To Start A Small Business (456 Views)
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There are a lot of people who wants to start a business but don't have the money or capital to get started. This post was created to educate and inform on ways to get capital.
We can get funds to start our business from our personal savings over years or period of time.capital gotten from here isn't usually large but could also help to get started.
We could get capital to start up our business from our previous investment..there are of course different ways to invest we have;
-investment in cryptocurrency
-investment in residual income
-investment in network marketing
-investment in bank/company shares...etc
Loans from banks
We can also get capital to start our business through collection of bank loans
Asking from friends and family or close relatives
We could also get capital to start our business by borrowing or asking close buds or family members.
Interest on Saved Money
When we save our money at the bank we usually get interest added to our money by the bank,these interest could be saved up and added to any other money to start a business.
Loans From Cooperatives
There are several cooperatives society today of which a lot of people belong in.Most cooperative societies assist their members by granting them loans to start up a business.
There are lots of many ways to get capital to start up a busines, the aboved mentioned are some of them.Also note that loans gotten from cooperative societies and banks usually involves collateral and interests.
What is a 'Venture Capitalist'
A venture capitalist is an investor who either provides capital to startup ventures or supports small companies that wish to expand but do not have access to equities markets . Venture capitalists are willing to invest in such companies because they can earn a massive return on their investments if these companies are a success.
Venture capitalists also experience major losses when their picks fail, but these investors are typically wealthy enough that they can afford to take the risks associated with funding young, unproven companies that appear to have a great idea and a great management team.
BREAKING DOWN 'Venture Capitalist'
Well-known venture capitalists include Jim Breyer, an early Facebook (FB ) investor, Peter Fenton, an investor in Twitter ( TWTR), Peter Theil, the co-founder of PayPal ( PYPL) and Facebook's first investor, Jeremy Levine, the largest investor in Pinterest, and Chris Sacca, early investor in Twitter and ride-share company Uber.
Do you have that idle cash sitting in your bank account, why not maximize it by investing it in small businesses.
invest 400k and get 40k monthly 10%.
contact email@example.com for more details
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