How To Get Financing For Your Business

Brief overview: It does take money to make money! There are costs to be covered by entrepreneurs seeking large amounts of $$$. Be prepared for what is a fair cost, and what is not…

“It takes money to make money” is very pertinent when it comes to raising millions of $$$ for a new business. There are very real costs involved in creating that winning business you have in mind. You will soon find that the costs of employing professionals to work on your new project takes a lot of money – unless they are shareholders… You also have the long list of licences, permits and approvals that you shall usually need to acquire. It can get to feel that you’re paying out a lot of money. But that is part of the cost of securing your financial future – this stuff is necessary, and it costs money.

It’s also true that when it comes to raising money from investors you have the costs of getting your business a top quality business plan, cashflow forecasts, and some basic modelling of the business to show that it’s robust and ‘bullet-proof’ in changeable conditions. There are also a