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    You should try cooperating with other people who have more money and would like to support you. It's very useful to show you business and get the needed funds.


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    An educational product might do well on a crowdfunding site such as kickstarted or indiegogo but if you do try this route do not expect anything ; most kickstarters fail and if that happens you get none of the money pledged so perhaps the safest route would be a loan but like I said, it might be worth a shot opening a kickstarter campaign.


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    As an educational product you could try the crowdfunding route through sites such as kickstarter or indiegogo but if you do go down this route don't expect anything as most kickstarters fail to reach their goals and if you fail to reach your goal then you get no money pledged. Of course the safest route would be a loan or investors but like I said ; might be worth a shot creating a kickstarter campaign.


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    If you're just starting out, you will need to raise seed capital by way of family and friends, or your own savings, to develop your product or service and to set up the company in preparation for the initial marketing and sales push, which you will be doing yourself since you don't have a sales team yet. As a matter of fact, you will be doing everything yourself for a while so you better be talented and educated in sales, marketing, financing, manufacturing and distribution if you want to survive the first year.

    Forget about going to the bank or looking for an equity partner at this point because you have not proven that your product (or storefront with other products) or service, will be saleable and profitable in the current marketplace. Whatever you do, don’t make the mistake of taking out a personal loan to start a company. In a recent interview, Mark Cuban said that “anyone who takes out a loan (from a bank or private lender) to start a business is a moron" and I fully agree with him because the debt service will kill a brand new business in a heartbeat.

    Until you have "proof of product" and have generated some revenue from sales, no financial entity, public or private, (which includes banks, credit unions, venture capitalists, angel investors or private lenders) will want to lend you money because all you basically have is an idea. All preliminary costs will be coming out of your pocket (or a rich uncle) until you reach the point of revenue generation. If you think that this is not attainable, don't even bother as it will be a losing proposition from the beginning (remember that 90% of startups fail).

    Once you have reached the level of creating some revenue with incremental increases, and you have developed a professional presentation which includes a website, presentation deck, business plan, financial projections, etc., that make you look like a seasoned entrepreneur, you will be qualified to pursue avenues such as crowd funding (to attract smaller angel investors) in order to raise the initial capital necessary to expand the business and bring it to the level of substantial revenue (between $500,000 and $1,000,000 in annually gross revenue).

    Upon reaching this level, you will then be able to apply for debt financing (because you are profitable and your revenue says you can afford the payments) from a bank if you have perfect credit, lots of time to waste and plenty of collateral for them to lien and encumber, or from a private lender who will be a little more expensive, but a lot quicker and more accommodating when it comes to credit and assets. Debt financing, if done correctly, will allow your company to grow and expand at a controllable pace.

    At the next point (3 to 5 years down the road) you will hopefully have a very successful and thriving business, generating $10,000,000 annually, that will attract an equity investment firm who will offer to provide the much larger quantities of capital (and the most expensive) necessary to further expand the company. Most business owners don't want to go this far because of the responsibilities involved in taking on equity partners, the percentage loss of ownership and the fact that there will be another cook in the kitchen that might have a conflicting opinion in the decision making processes of the company.

    Good luck, it's a long and rocky road, only taken by those who have the perseverance to withstand the hard work and long hours needed to achieve success.


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    #25
    Join Date
    Sep 2014
    Location
    USA, Colorado Denver
    Posts
    40
    Raising capital for a new business is somewhat difficult up to some extent. But you can do this by applying for loan in banks or by having a good credit score.


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    Please visit http://http://madanca.com/services/business-consulting/start-up-business-planning/ for tips on starting a business.

    Sincerely,
    http://www.madanca.com
    Madan Chartered Accountant


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    Thereís more than one way to raise capital, and the very first option starts with you. If youíre not willing to invest in yourself, how can you expect anyone else to? Many successful entrepreneurs put nearly all their savings into their small business, and that helps catch the eye of investors because itís clear youíre fully committed to the project
    1. Yourself
    2. Family and friends
    3. Banks and traditional lenders
    4. Crowdfunding
    5. Investment companies and angel investors


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    here are some best ways to raise your capital for a new business,Crowd funding,Family and Friends,Second Mortgage,Venture Capital,Business Partner,laons from bank
    So when it came for the negotiations you much know how much Capital Do you Need? & when it came to Negotiate a Win-Win Agreement?
    you must pay attension on The Amount of Capital Invested,The Timing of the Investment & The Certainty of the Return


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    Hello. In my opinion you have to consult with all the parties and then find with provide you loan at low rate interest it may be banks, merchant companies, investors and ofcourse you have another option to tie up with another company


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    I think crowd funding is best.You should try it as well.


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