How to raise Money for business? .. his busines
Post# of 40989
.. his business was less than two years old and had yet to turn a substantial profit.
https://www.forbes.com/sites/brentgleeson/201...ebf37c40be
ONCI is profiting..
..banks need a good business plan, profitable projections and some of their own money in the game.” Seeking any type of capital can be a full time job in itself which is why companies like All Business Loans can be a great way to take the leg work out of it. Another reason to pursue debt financing is that you aren’t giving away a piece of your business.
https://www.forbes.com/sites/brentgleeson/201...ebf37c40be
Burrowing from investors (many sites seek only 4-10% return), could be called Angel investors.
..Sign up strategic partners early on..The quality and reliability of your supply sources, whether for materials or software will be key to your success. Far better to create relationships and work out the kinks while your company is simple and small than to discover an issue when you're ready to scale.
https://www.inc.com/dave-kerpen/5-clever-ways...pitch.html
Banks have tightened up loans, but there are more ways than not to start second business. Alternative is build up first to say $10m then focus on second.
GL