Whether you want to start a business or expand an enterprise, you are going to need money. Credits from vendors or suppliers are hard to come by. Even if you can manage your books in a savvy way wherein funds keep rolling and facilitating some growth, the expansion would be nominal. It is possible to start a business with very little funding but eventually you will need to raise money if you have to turn a startup as a hobby or passion into a serious business. Here are six ways you can raise money to expand or start a business.
- Ask your family, friends and other prosperous people you know. This is a nonstarter if you don’t have a wealthy family, fairly rich friends or influential contacts. If you do have family or friends who are capable and willing to lend you money, then you should be lucid about the