Prospective business owners may approach other individual investors to get money for starting their businesses. A large number of private individuals invest in others’ entrepreneurial ventures. They are primarily people with moderate to significant business experience but may also be affluent professionals, such as lawyers and physicians 1.
Continue reading Getting Money for Your Business – Other Individual Investors
If you don’t have enough funds for your start-up business, you may borrow money from friends and relatives. Interesting, however, although the majority of informal investors, family and friends, is often willing to supply funds at negative returns, most prospective business owners will only as a last resort consider borrowing money from them 1.
Continue reading Start your Business: Borrow Money from Friends and Relatives