How to fund your business idea without getting a bank loan
I’m a firm believer that everyone has a business idea in them. Quite often, a great business idea is staring us right in the face, but we just don’t see it – and part of that blindness is thinking that every business needs tens of thousands of pounds to get it off the ground. Wrong!
You really don’t need so much money all the time – many businesses only need a little time and attention and minimal financial investment (less than £100) to get it off the ground. Quite often the huge investments that we see on programmes like Dragon’s Den are needed for big marketing and promotion campaigns, and perhaps to buy a huge bulk of the product to supply demand and grow the business faster.
If you’re looking for a way to fund your business, there are a variety of ways to raise that finance and the best for you depends totally on your product, your market, your business’s financial requirements and most importantly, your personal and financial situation.
