Deciding which source of finance is appropriate to bridge the funding gap is made even more difficult in the current economic climate. It has become common knowledge, that the active search for funding resources is one action that is sometimes difficult to do, despite the fact that out there, there are many sources of funding that we can use. At this point, and especially if you need a business funds, then you can take advantage of an online resource that can be found. In order to find sources of business start up funding you need with traditional routes to funding there are some innovative new ways that entrepreneurs can use to raise capital.
Along with options to loans from banks, raising venture capital and finding angel investor, crowd funding is becoming popular for many start up entrepreneurship. Using a Dragons’ Den style video pitch to attract investment, Crowd funding allows entrepreneurs to showcase their business opportunity online. This funding option is creating a favorable contextual environment upon which entrepreneurial experimentation can flourish. So if seen as a complimentary tool which performs best when integrated and collaborates with existing funding tools it can really fix funding problems for start ups.
No comments:
Post a Comment