Tuesday, July 12, 2011

Business Creative Financing

Already a business or start a new activity, the first thing you think is the Treasury. There are many ways to go about getting the money.

That said, you should also consider several factors before taking the money. Take a look at various options in front of you and compare it with your business plan and anticipated revenue. Realistically speaking, identifying how you will be able to return the money we use.

Here are some creative ideas of business financing that will help you get the money you want.

Savings Account: Here we are talking about saving their own account. Before diving in your kitty's savings, consider the following: How much savings do you have in that account? Are you addicted to that money for your day to day expenses? As we are sure that your business venture will be successful? Be realistic when you make these remarks. If the savings account is not something that depends on, and can afford to forget the money you take from it should suffer a loss, then go ahead and make money from it. The advantage of this is that you are taking an interest free loan from yourself and save a bit 'of money for this purpose. You can also repay the loan in installments variables, and do not suffer penalties for it.

Family and friends: This is also a good option for you to acquire funds for your business venture. Depending on what you discuss with your friends and family, you can choose the method of repayment, and even if you are required to pay interest. The downside of this is that if you fail to repay the money back in time you promised, you stand to lose a relative or good friend.

Partners: another way to generate a good funding is to take your partner in your business. This is again a matter of choice. And your partner should have the money and willingness to invest in your business.

Loans: This may not be very creative idea, but some banks offer very attractive type of personal loans and business. It's worth a shot to go take a look at these options. You can only find a gold mine and find the best method of financing your business.

Sell ​​Junk: If you have any unused rooms or unused inventory around, unused or trademark and license rights, is a good idea to sell to people who need them. This is a good way of recycling their goods to create funding for your business. The disadvantage is that this option may not work for a new business.

Sale of shares: the sale of the shares of your company is a time-honored method of creating finance for your business. If you have a new company, you can do. You can also do if you are an old company. You can also sell shares to employees. Talk to your CPA and get more details.

Advertising: It sounds silly, but sometimes an advertisement can also generate funds involved in the project. Put the word out there verify that generate interest from people looking for a good investment opportunity. It also gives you the opportunity to advertise your company with it.