|Posted by privateequityinvestments on October 15, 2009 at 6:45 AM|
Every new business needs money when starting up.
The majority of businesses will need to buy equipment, establish the workplace and meet marketing costs - all before the first sale is made. Then once you're trading, you'll need cash to pay the bills and keep the business going.
There are a range of financing options when starting up and choosing the right ones for your needs is essential.
- Use your own money,
- Borrow from banks, family and friends or
- Attract outside investors
- Grants and government support may also be available.
Most businesses use a combination of these alternatives, according to their specific needs and circumstances.
This guide (soon to be released) looks at how to work out how much money you need, the best financing options for your business and their advantages and disadvantages.
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