Starting a business is one thing, then maintaining the business is another. Where do you normally get funds to maintain and sustain the business? Personally most of my funds usually come from my online earnings, my business is still a small and growing business so i do the little i can online and add the funds to my business.
How do you normally finance your business?
- Thread starter eldavis
- Start date
I had a job and worked as an employee for more than 8 years, so I had some savings to fund my business. However, this year I am making great losses because of corruption, financial fraud, so I have to reduce expenses to a great extent.
Some people might want to take loans which I don't subscribe. it would be better fo look for grants and other forms of free money to help you get started. There are a number of organizations and foundations that provide grants to small businesses.
My online freelancing job is what I consider my business. I do not have an offline business because I do not have enough funds to start one yet. I want a minimalist coffee shop if given a chance.
