How to have Capital for your business

[shielalo]

Some of you may wanted or longing to have own business. You may keep on thinking where and how to get capital for your business. All of us really want to have our own but we must admit that we can’t get what we want without thinking or choosing where to ask for a help.

What do you think?

[Rob]

With so many people looking to start (or even expand) their own business, the question of capital is a big issue. With banks having taken a more risk-averse stance the options are limited.

Here is an article I have written on this subject:

'How to Finance Your Small Business Start Up' (http://www.smallbusinesssuccess.biz/free_articles/financing_start_up.htm)

Which option would you go for?

[Peter77]

The best thing to attract investors is to make a business plan. Gather your family members and friends and then present them with your business idea and your plans. Then you can ask them for tips, advice, feedback and even an investment in some cases. Moreover, you can also apply for government assistance for capital for your business.

[Rob]

The best thing to attract investors is to make a business plan. Gather your family members and friends and then present them with your business idea and your plans. Then you can ask them for tips, advice, feedback and even an investment in some cases. Moreover, you can also apply for government assistance for capital for your business.

This is good advice, especially if you are planning to present your idea to a bank. The more chances you have of getting in front of people the more polished your presentation will be.

[Becky]

Discuss your business plan with a finance specialist. It's great preparing a business plan and a brilliant idea to practice infront of family abd friends but are you really going to present this to many different lenders?!!

Why not speak to someone who has access to the whole of the market and is Independent?!! They can give you impartial advice from the whole of the market and let you know how feasible funding is. This saves you the leg work....

[ricky028]

Certainly making a proficient business plan is always useful. It is always vital that how good your idea of the business and how effectively you present your business plan.

[adams]

At very beginning of the business you cant have entire capital of your own you have to prefer banks or other financial institution once the business setup you should have to make huge savings and you have to clear off your debts if you do so you will have capital of your own.

[Cathy]

In my opinion, you should first establish him enough to get rid of debts and loans and should make good savings to let the capital owners know that you can easily disburse. This way you can have loads of capital around and everybody will rely on you. The basic thing is to gain their confidence.

[KateB]

It is not building a capital for a business that calls for problems...it is the process of furthering it that causes problems...taking a loan is no big deal but it is the repayment which calls for difficulties if the business in not running smoothly......

[thebunk]

If you have a good idea and solid business plan you can always look at attracting a business angel for financing your startup.

[Robert01]

Friends and family members are the best source to generate capital if you are going to open a small business such as any home based business, but if it is about a big venture then you need to take monetary help from bank.

[Lisa001]

Yes you are right. Friends and family members are best source of getting money as there is no risk in getting money from them.

[garyshoe]

I really wanted to have my own business and having the enough capital is really the big problem. Thats why im thinking of another alternative ways on how to get a capital. Loans is one of the best answer but sad to say that i cant make any loan yet.

[Tisha09]

I would say whether it is Family, Friends, Relatives or may be some other source, anyone can help you with the capital but your idea and planning regarding your business should attract them to invest capital in your business.

[katy_w]

Some of you may wanted or longing to have own business. You may keep on thinking where and how to get capital for your business. All of us really want to have our own but we must admit that we can’t get what we want without thinking or choosing where to ask for a help.

What do you think?

Lets look at some sources of business finance:

Equity in your house - remortgage or secured loan
unsecured personal loan
business bank loan
family and friends
sale of items you do not need - such as a second car for example

Make a note of how much you can raise from each source and then you will know your total capital available.

[andrina]

If someone is going to start a bsuiness and he is having money flow problem then he can borrow business loans. Business loans are really good, they help businessmen to improve their businesses.

[Peter01]

You can get help from banks, investors etc. I think searching the options on internet will be the best option.Thanks for such post.