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After completion of business plan,how do I get funding to start up

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The easiest way to get funding is by building your business credit using net 30 and net 60 accounts

Report Davonda's answer

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Hi. Some sources of loans are family members, friends, partners, government entities, banks, credit unions, individual lenders, online crowdfunding, financiers in business incubators ("angel" investors), mortgages, savings, and some combinations of the above. Important preliminary elements to consider, when looking for financing a business, are to explain and demonstrate: a) personal financial situation, b) credit history, c) belongings and possible collateral (to leave "in pledge") , d) loan amount (well justified), e) business plan (where previous market evaluation and finance sub-plan are keys), etc. Before signing a contract be sure to read the terms and conditions very well, without skipping "the fine print". If in doubt, do not sign and consult a lawyer. Beware of the practice of usury, that is excessive charges on a loan. Success in your endeavor.

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Hi Rollex,

From my little experience don't focus about funding ( investors ) rather than that focus on your customers and try to add real value for him, Then you will have cash flow and in this time investor will get for you.

Best of Luck Rollex :)

Report Rober's answer

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1.Friends 2.Loans 3.Investor/Partnership

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Fast forward, only if its a dream, you don't need to be helped with funds. What builds you is the ups and downs, the gains and losses in the course of establishing the said business. Start with the available capital. It doesn't necessarily need to be big.

Report Justice's answer

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Fast forward, only if its a dream, you don't need to be helped with funds. What builds you is the ups and downs, the gains and losses in the course of establishing the said business. Start with the available capital. It doesn't necessarily need to be big.

Report Justice's answer

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The easiest way out is to look for like minded friends and family who will come together to contribute some resources for you. Don't try a loan unless your business has a guaranteed success rate above 85%.

Another easy way is also to virtually sell the products even though they don't yet exist. If you get some potential awaiting customers, you can use that a a bait to raise money from investors.

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