From our Business Startup Experts...
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I have a great company name and many business ideas, but don’t have funds on hand for startup. What can I do? – B.G.
Thank you so much for your question. Concern about locating financing for a business
startup is one of the top reasons that people give for not starting their business
now. We wrote an article recently regarding this...”Why Wait to Start Your Business?”
Also, sometimes it is possible to down-
There are a number of ways to deal with startup funding, however, they all require that you have a clear plan for the business as well as an accurate understanding of how much money you need as startup funding (as well as how little you can have to get started). The LaunchX System is designed to help you work through your business idea (or ideas) and develop both the clear business plan as well as the financial projections for your business. When you have completed the first three units of the LaunchX System, you will have a formal business plan ready for presentation to investors or lenders, a comprehensive financial plan, and a financing plan.
One of our recent blogs, at “Startup Funding...Creatively,” also discusses startup funding, and may have some helpful information for you.
While it isn’t possible to start a business with no money at all, it is possible to find a way to fund any viable business idea with thorough planning and persistence.