Save, Borrow Or Use Investors: How Should You Fund Your Startup?

Save, Borrow Or Use Investors: How Should You Fund Your Startup?

Tips and Tools
There can be quite a few upfront costs to consider when starting a business, ranging from buying equipment to launching a website. There are three main ways in which you can cover these costs: you can use your own money, borrow money or get money from investors. But how should you fund your startup? Each form of funding has its own benefits and drawbacks that are worth considering. There are also multiple ways of approaching each form of funding. This guide delves into the different ways of seeking funding - and how you can tell which one is right for you. Save, Borrow Or Use Investors: How Should You Fund Your Startup? Funding A Startup With Savings There are lots of advantages to using your own money to start a…
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What To Do Next With Your Business Idea

What To Do Next With Your Business Idea

Tips and Tools
If you have a business idea that you think is great and that you know has the potential to take you places, it’s important that you do something with it. The 'doing' part is what separates a wantapreneur from an entrepreneur. So don't sit back and keep dreaming of launching the idea, it's time to figure out what to do with the idea. The 'doing' part can can take many different forms, and we’re going to explore some of the most important steps to take with your business idea when it’s still in development. What To Do Next With Your Business Idea Create a Prototype Before you think about getting a business off the ground, you need to have a prototype of this product you’re so excited about. If you…
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