Funding Your Business: Bootstrapping, Debt, or Equity?

Course details

Learn all about funding a business from both successful entrepreneurs as well as venture capitalists who have seen it all.

This lesson breaks down the three main options for funding the development and growth of your new company. Why do many entrepreneurs start with bootstrapping? Because in the beginning it's difficult to get financing from banks or investors. Lean all about what it takes to bootstrap. Many successful companies are able to grow with internal funding only. However, this is not always the case, so additional financing sources need to be examined and secured.

Once a business opportunity becomes viable, it is much easier to obtain outside funding. The two common strategies available to entrepreneurs are debt and equity. The three methods for financing a new company are discussed in this course so you will have a better understanding of how to grow your business and get the funding you need.

1. Bootstrapping
   1. Savings
   2. Personal Resources
   3. Startup Partners
   4. Other's Resources
   5. Company Cash Flow
2. Debt
   1. Trade Credit
   2. Credit Cards
   3. Friends, Family
   4. Bank & SBA Loans
   5. Private Lenders
3. Equity
   1. Friends, Family
   2. Angel Investors
   3. Venture Capital
   4. Private Placement
   5. Public Stock Offering