Where To Take The Capital For Business?
Who didn’t reflect today on opening of own business? It can be the small little shop at a bus stop or something larger. And, apparently, there is difficult in that it is enough to write the business project and to conquer tops of the world of business and to take leading positions of magazine Forbes, however here we approach to the biggest problem because of which dream of creation of own business remains dreams. It is certainly the starting capital. People simply don’t know whence to take money for realization of this or that project. However presently, this problem can be solved and for this purpose there is a number of ways.
1. To occupy from friends or at the native. That is quite good idea, you take money for certain term and without percent can return money when business will go in better way. However it is not necessary to forget that only 45 % of new projects appear profitable and the others 55 % are unprofitable and consequently burn through. And how to be in this case? How to repay a debt to people which have met you? How not to lose their credit of trust? All these questions direct us at one sensible thought – to leave this variant as a last resort.
2. To take the credit in bank. That is a quite good way to receive the capital for the business, however don’t forget two things:
The first – even if banks write that give credits under 0 % all of you equally regularly pay them money, after all what is then a reason to them to give out to you money which could be in a turn and regularly bring in the income.
The second – in a case if your business will burn through, don’t doubt that the bank will select at you the last and leave you at the broken trough. So this variant is good, however only in the event that you on 100 % are assured of the success and in own forces.
3. Money of partners. You can always find adherents who will bring a part of money for creation of business instead of a share in business, i.e. share cooperation. In that case all relations between partners are strictly regulated by contracts. In my opinion, this is one of the best variants, however don’t forget that business can’t be under construction on trust and all relations in business should be regulated in order to avoid further misunderstandings.
4. The money occupied from other firms. Original investment of other firms in your project. Always there will be people who will support your invention and will give you the loan in hope to get further profit. However in this variant there are many “reefs” and before agreeing on such variant, consult with the knowing lawyer.
5. And at last, the most important idea in my opinion is to earn money. Everyone can practically to make from one million two millions, and make one million of a zero. If to look in the history practical all people become millionaires. Bill Gates is the owner of company Microsoft, began as the talented student who could give to the world that it needed and to grow rich. Well-known to us Soros began as the seller in a coffee bench, however now he is in 20 of the richest people of a planet.
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