Almost every business
in the world start with an entrepreneur expressing his or her ideas, and an
investor. However, investors, especially venture capitalists, are very strict
when it comes to providing funding for starting companies. But there are ways
to get capital even if you start out as a nobody in the industry.
1.
Create
a Good Credit Score
A small
company proprietor with a business credit card could make use of his or her
financing to purchase equipment gradually, and then positive credit behaviour
could help lenders fund their business. Consistent performance will grant them
more financing, which indicates their business is doing well.
2.
Venture
Capitalist
Allow your
business to thrive on a business loan for at least three to five months before
presenting your workflow to a venture capitalist. Venture capitalists vary upon
the time the business has experienced before they can judge your results to be
consistent. At this point, any unique product and service designs you may have
must be patented.
3.
Crowd
Funding
If you have
several prototypes and you already have a large following, you could involve
your patrons and potential investors into crowd funding your newest product or
service. Crowd funding involves much marketing expertise, namely in the field
of research and explanation to potential investors.
