{"id":101,"date":"2020-10-23T11:49:06","date_gmt":"2020-10-23T11:49:06","guid":{"rendered":"http:\/\/www.projecthubyangon.com\/?p=101"},"modified":"2021-05-27T13:12:48","modified_gmt":"2021-05-27T13:12:48","slug":"get-funding-for-your-business","status":"publish","type":"post","link":"http:\/\/www.projecthubyangon.com\/successful-business\/get-funding-for-your-business\/","title":{"rendered":"How to Get Funding for Your Business"},"content":{"rendered":"

As per the latest study, more than 95% of new companies struggle during their first year of service. One of the more important causes is a lack of resources. Capital is the lifeblood of every company. The slow and arduous yet thrilling path from proposal to revenue-generating enterprise requires the use of energy known as capital. When you need financing depends primarily on the scope and nature of the sector. However, after you’ve determined that you need to raise funds, the following are some of the various means to get funding for your business. If you intend funding request of your business plan, then here’s a detailed guide that describes a few startup financing alternatives that will assist you in raising money for your company.<\/p>\n

Business Funding Sources<\/h2>\n

Below are some places to find money to start a business:<\/p>\n

Money from friends<\/h3>\n

This is a type of\u00a0money that has been loaned to you from your partner, parents, relatives, or colleagues. You must have your\u00a0business proposal prepared before approaching your friends and relatives for funding. With that approach, you can illustrate exactly what you are offering and how you will make\u00a0a profit. While asking for money from friends, you must be mindful of the following:<\/p>\n

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