You might call it money, cash, dinero, masari, grimata, para, soldi, argent, dinheiro, moola, or something else. Whatever you call it, you need it to start and run your business. Many entrepreneurs don’t know where to go, are overwhelmed with the choices, or are unaware of some of the options for financing their businesses. Here I will list and expand on the funding options for your startup. To better understand the different sources of financing, lets first break them down by type and by stage they fit in. Then we will put them all together to make sense of it all: Type of Financing: Generally, financing comes in the form of Debt or Equity. Debt means you borrow the money from someone and agree to pay it back at a certain date, or schedule, along with interest. The lenders make their profit from the interest. The riskier your business is (i.e. chance of you not paying back the loan), the higher the interest rate they will charge you. This...
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