How do you obtain funding for your business?

[Reedex]

Funding is necessary and it is highly important to obtain the capital that is needed to run the business. It could be gotten through loans, crowdfunding or you can even approach friends and families.

 

[rubesh]

Loans, mortgaging properties, and through fundraisers..

 

[Springtime]

I am a freelancer. No need for funding to offer my translation service. For business seeking funding, they may try to get angel investors, government assistance for startups and SMEs and bank loans.

 

[nomad]

I started my first business by burrowing from friends and family. sadly, my business failed.

 

[SHAHID987]

Venture capital
Venture capital firms invest in early-stage companies that have a high potential for growth.
Crowdfunding
This is a way of raising money from a large number of people, typically via the internet.
Small Business Administration (SBA) loans
The SBA provides guarantees for loans made by banks and other lending institutions to small businesses.

 

[Shavkat]

I humbly going to say that I did not fund my online shop because I am selling the old and new items stored in my storage area. It will be funded once these thing will be disposed.

 

[Bisolami]

Loans, mortgaging properties, and through fundraisers..

I humbly going to say that I did not fund my online shop because I am selling the old and new items stored in my storage area. It will be funded once these thing will be disposed.

Selling old items that you are no longer making use of is also a way that you can save money to start up your business

 

[eldavis]

I usually get most of my fundings from doing various side hustles and working on paid to post sites and as well other gigs online. I am not really a fan of taking loans.

 

[IB D]

Of the sources mentioned in the opening post, there is only one that I support. That is sourcing from family and friends. Crowdfunding is not easy to set up and succeed.

 

[astutimeliana723]

I get business funding from the savings I collect while working. After feeling enough I decided to stop working and build my own business. I use part of the profits from my business for personal gain, partly for additional capital to develop the business.

 

[Bisolami]

I usually get most of my fundings from doing various side hustles and working on paid to post sites and as well other gigs online. I am not really a fan of taking loans.

This is what I do most of the time and I can tell you that I prefer it to taking loans because my mind will be at rest

 

[eldavis]

This is what I do most of the time and I can tell you that I prefer it to taking loans because my mind will be at rest

Exactly i do not need anything that would take away my peace of mind. I am currently planning on starting up another online course that would help promote my career. I would use my online earnings to do so.