Financing a Start-Up or Growing Small Business
Monday, October 26th, 2009Financing Strategies
There are several alternative strategies used by business owners (often more than one is used). The attraction and viability of different methods will depend on the individual circumstances, such as the type of business, the owner’s history and financial standing, the business vision and expectations among them.
- Bootstrapping & Personal finance or lower level debt
- Operational funding and debt (usually shorter term in nature)
- Longer term debt (usually used for acquisition of larger assets)
- External equity