Infographic: Financing Sources vs. Company Growth Stages vs. Type of Financing
In a previous post, I talked in length about the financing sources available for startups and small businesses. I discussed the type of financing (debt vs. equity), the typical stages of growth the company goes through (idea, start-up, early-stage, expansion, and maturity), and the options available for financing (founders’ savings, family & friends, loans, credit lines, credit cards, crowdfunding, incubators/accelerators, angel investors, special programs and competitions, and venture capital). I discussed the advantages and disadvantages of each option with a brief summary of when it makes sense.
Here I want to add an infographic that summarizes how the three dimensions work together. So it becomes clearer which financing options fit at which stage and whether the financing will come in the form of equity, debt, or both. Enjoy!