Small Business Finance: What you need to know
For any business, initial funding is a crucial element of success, but raising finance will almost certainly be the most difficult element of starting and running a business. Thankfully, you have an array of options open to you when it comes to raising finance. Before proceeding to raise finance, you should first ensure your business plan is economically sound. If it is, you should be able to build a solid financial base if you know what you are doing. This article should serve as an introduction to financing your business. It will cover how to assess your funding needs, then explore the multitude of different funding options – exploring your options for external investment, bank finance, and other finance options. How do I know how much finance to seek? To identify your funding needs, fol... »