THE WAYS YOU CAN GET FUNDS/CAPITAL FOR YOUR BUSINESS. Part 1.

Here Are The 12 Ways Or Methods You Can Fundraise Money And Where Exactly To Get The Funds. Part 1.

Fundraising money for your business or any other issues.

There are various ways to get money for your business; it may be a new business or an old one but in this case am discussing how to get funds/money for your business.

Starting a business may need money and hard work at first but you can do nothing without money, all the big companies as we all know that there was a necessity for them to collect funds in order for them to grow by, to start a business you may need an office space, raw materials, and labor to work on the materials into the needed products and other further capital may be needed as maintenance fee and creating an official website.

The methods am about to put here is how to fundraise money from Bootstrapping to Donations.

As we all know that every thing must be with a plan you cannot build the house of your entire dream without having a clear mental picture of the house hence in order to do something great in business you must held a pure business picture in mind and not only this but you can go further and write or create a business plan though you are the owner of the business you must have a business plan.
I therefore layout the 12 ways through which you can get funds or money for your business.

1. Renting.

Rent is a payment made by a tenant at intervals in order to occupy a property or a similar payment for the .,m looking. Saw Muse of equipment or a service.

When I talk about renting I mean using something or material capital which is not yours but using them at a pay in time interval.

The major one number reason why 5 should rent is that renting is very cheap to owning something yours in that if something is yours means that you must have paid or bought it fully.

There are many things you can rent in business and this include; Material, Working space among others.

Here are very good reasons why you should rent for a while.

  • Renting is very cheap in that you pay a small amount of money in order to use in your Business.
  • Renting gives you a gap of trying again without losing much of your initial Capital in business.
  • Renting is one way which makes you be flexible in all ways this is because the moment you rent may be machines in your business the mind can be set to other things developing.
  • It also brings calm to the mind as everything is directly proposal to your current capital or funds.
  • Renting is more cheap as in maintenance and other things but if you hold something fully you must repair it alone.
  • There is a very good cooperation with the owner of the rented materials hence advice can overflow at ease.

The disadvantages of Renting.

  • Renting can be expensive in any other way because you pay highly than your own capital in business.
  • There is no room for freedom as everything is not in your control, you use the machines or space in rent with care.
  • There is a limit in expansion of your business as you are under someone and you have no full control of the business.
  • There is no full control of the decisions you make as you are limited with the owner of the capital you are using.
  • In case the capital you are using Let us say machines break down this means that you may pay for the new one.
  • There is partial usage of the material rented this is because you don’t want to destroy the capital rented.

2. Family members.

Family is one of the cornerstone why we succeed in Life this is because family has Love or Agape which is very essence to our success.
In year 2019, I faced a challenge, l had nothing like money in the packets things had gone wrong every time I was on the street looking for what to eat, I have no hope of life coming back later while I was there with no food and accommodation on the street very hungry but I remembered one thing in life and these were the words of Mother Teresa “The most terrible poverty is loneliness, and the feeling of being unloved.” From here I felt the sense of being loved by my relatives or family members then I remembered my Aunt 150kilometers away from where I was staying but I managed to move for a nearly a week on the way night and day until I reached her no wonder she was there always in need of me, my life turned around with this great move of thought being Loved by someone.

How To Get The Funds or Money you Need From Your Family.

You have to compose a Business proposal, a business proposal contains all the proposal of your business details, how you are going to perform it, what you are going to be doing in the business, where you are going to carry on the business and how much exactly you need in order to perform without any financial difficult in the business.

The next thing is to relax and think of the best family members to you who will really help you with that exactly money you need in order to make the business.

All you need now is to come down and look at the best way you can use to approach them and how will tell them your problems, and this is all you need.

This is very evidential because three years ago I was funded by my relative to add on my business this was so because I followed the instructions I have wrote in this article and I am giving you my experience.

3. Friends.

A friend is someone you share everything provided it’s beneficial to both also you have a benefit of solving your problems this may be social or personal. In otherwise if someone is your friend and is rich financially this means that will support you in all your business process hence the only thing to do then is to request.

One way to identify whether someone is your friend is this task but if someone hides your growth or success this means is worthless to be your friend and at this very moment you can get everything you require from a friend.

It has been placed in research that out of 100% of people who succeed in life, one does it alone hence success is combined effort with others may be called friends and all the 100% of people who succeed in life does it through the combination of themselves and others.

Here are some of the great difference between true Friend and a Pretender.

  • A friend is someone who indeed holds his real characters with weakness while a Pretender is a person who professes beliefs and opinions that he/she doesn’t hold.
  • A friend is able to tell and let you have all his information in hand though business while a Pretender gives you but false information about him/herself in an indirect order to conquer your trust to him.
  • A friend is able to give everything to you in short a friend may be your hero while a Pretender always and always looks for a way to benefit from you in that doesn’t care what he/she gives you.
  • A friend has an eternal feel of stay with you in return of happiness while a Pretender looks for today and only a short time so that he gets what he wants from you.
  • The great difference from a friend and a Pretender is that one of them goes through with love for love is everlasting and the other cares less.

How To Get Funds From Your Friend.

The truth is that a friend can’t deny you help though what or what provided that your request is being shown to him.

Let me tell you a story how I got funds for my business this story will explain to you how you can get funds from a friend.

One day, I was three years out of school I had no capital but I had to makeup my business within a short time the only idea I had is to get friends who would fund me but bad chance no one was willing to help me, I sat in my room and thought of the matter but in favors I understood that does were Pretenders and not Friends hence I decided to concentrate and focus on one person my longtime friend Brian in that I meant him in personal so that we can discuss the matter I became like a little Kid to him not repeating words showing that I am brave about what I am speaking and finally I showed him a document in hardcopy of my business project, he funded me in return and I made a successful business in my home town which later I sold in 4 tines than the initial Capital.

Thank you for reading, continue reading part 2.

Published by CreateMoney

I became effective making money online by being on the internet for more than two years, but you can now learn in seconds, your being passionate is the first step to success.

Leave a comment

Design a site like this with WordPress.com
Get started