FUNDING A BUSINESS VENTURE

Funding a Business Venture

Funding a Business Venture

Abstract

Managers regularly consider their organizations as financial, technical, and social systems, but sustainability requires consideration from a physical systems perspective as well. Organizations require inputs of energy and material, and produce material outputs in the form of products (along with by-products, waste, and pollution). Sustainability requires managers to consider these inputs and outputs, and the material efficiency of the organization's processes from a physical as well as an economic perspective. (Aldrich 2004)

Financing

Money makes your business go. But don't try going to the Bank to get it when you've just started in business. Banks usually offer loans only enterprises with stories. This section will give you several options, some strategies, and some things to think about how you go about finding the money to make your business work. (Shook 2003)

As noted in the first session on the choice of business, do not despair, not having a lot of money to begin with. many enterprises can be started with no money at all. You can start small and grow in the grace and at a time. Here's an example, a partial list of companies, you can start with a very small amount of money: enterprises requiring little or no money to start (Bird 1988).

Our first reminder that personal savings are to be regarded as the main source of funding for starting a business. If you haven't started already, start right now to begin to accumulate funds through personal savings.

loan

Also, don't forget the small business administration (SBA) loan guarantee programmes for start-ups. With the SBA guarantees in hand, your bank will be happy to discuss with you! See resources for more information.

Finally, start fundraising with a good credit rating. Most of all sources of financing or credit to rely on the four-letter word your credit ...