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Lack of capital is a key reason many startups fail. Obtaining all the money you need before you launch improves your odds of success. Armed with the truth about how startup financing really works, you’ll be better prepared to succeed.
You’ll determine how much money you can contribute yourself and how much you’ll need to get from outside sources. You’ll also learn more about the different sources of funding, such as SBA loans, personal loans, nonprofit lenders, crowdfunding, grants, and more. Finally, you will find out what it takes to approach a funding source and get the money you want.
Starting a business may seem overwhelming, but with a solid plan, resources and guidance, you can achieve your dream. And with the SCORE Startup Roadmap and your mentor, you don’t have to do it alone.
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Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.