Rick Fletcher

Where do I get funding from?

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2 Answers

Steve Osborne

If you're a startup (no revenue; untested business model) – from investors: venture capitalists; family and friends.

If you're an established business (profits; proven revenue model) – from a bank.

If you're an upstart – (revenue but no profit; business model in need of development) – from a combination of both the above.

In all cases, you will need two fundamental things:

  • a business plan that demonstrates the degree of risk/rate of return involved for the lender/investor
  • skin in the game
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    Brian Dorricott

    Brian Dorricott Startup Guide at Meteorical

    It all depends what stage your business is and how well you know your customers. Without knowing this it is hard to give you a good answer. Feel free to contact me directly and I'll see how I can help.

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