Who financed your business?

Starmix

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Who financed your business? If you like to manage a business and have no capital or lacking capital, it is best to approach a family member or a good friend to lend money. It is not advisable to apply for a bank loan for business capital, you are not sure yet if your business will push through once the loan is approved. You borrow money from your family or a friend. There is no interest unlike in a bank interest soars like crazy. About my milk tea business, I financed myself alone. I saved money the first month that I was employed.

Who financed your business offline and online?

 

Shavkat

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Starmix said:

Who financed your business? If you like to manage a business and have no capital or lacking capital, it is best to approach a family member or a good friend to lend money. It is not advisable to apply for a bank loan for business capital, you are not sure yet if your business will push through once the loan is approved. You borrow money from your family or a friend. There is no interest unlike in a bank interest soars like crazy. About my milk tea business, I financed myself alone. I saved money the first month that I was employed.

Who financed your business offline and online?

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At present, I cannot see anyone to seek help with business matters. So, if I am planning to have a business of my own, I will need to finance it with own working capital.

 

Hate2Wait

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I am not running any business and have not asked my parents or anyone to help me but I would like to start some sort of business soon

 

eldavis

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When I started my offline business, no body funded it for me. I had to start with the little money I had.

 

Starmix

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Shavkat said:

At present, I cannot see anyone to seek help with business matters. So, if I am planning to have a business of my own, I will need to finance it with own working capital.

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Start your business as much as possible. Execute your plans. Don't wait for tomorrow what you can do for today? Time flies fast.

 

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King Belieal

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My mom partly financed my business with the little she could afford at the time and it was okay.

 

Shavkat

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Starmix said:

Start your business as much as possible. Execute your plans. Don't wait for tomorrow what you can do for today? Time flies fast.

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Indeed. Time flies so fast. I need to do something soon, but not now. I have so many things blocking my way with this idea.

 

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Of all the businesses that l had engaged on l had financed them on my own.

 

Hate2Wait

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I would love to start my own business and my parents are willing to help me but at present I am not ready to start it

 

Starmix

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Shavkat said:

Indeed. Time flies so fast. I need to do something soon, but not now. I have so many things blocking my way with this idea.

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I understand my friend, but you can create a mini store in your home or extension and let your sibling manage it.

 

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I can say that l had been the main sponsor for my businesses. Had l gotten some business sponsor's l couldn't have failed on the businesses.

 

Starmix

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I am also the sole capitalist of my business. I starter saving the time I got a job and my saving grew. I used it as my capital.

 

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timewo

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I had a job for almost 8 years, and I used my salary money for financing my business, though some fraud government employees are now falsely claiming to have my resume, savings.

 

Hate2Wait

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I am still not running a business and have savings and support of my parents so the moment I am ready they will help me

 

Starmix

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It's better to finance our own business alone and not from a loan. I financed my milk tea business.

 

Hate2Wait

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If we can finance on our own then its a great achievement and I know you have done that for your business

 

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When l was really down and looked for the investors that could sponsor my business l couldn't get any until l closed down the business due to bankruptcy.

 

Hate2Wait

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I am still not ready to start my business and you can even take bank assistance in getting loan and start business

 

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Majority of the people do the funding of the businesses on their own here in my country.

 

Starmix

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Businesses here are also funded by the business persons themselves. If there not it might be kept a secret.