Help! I have this great idea but no money to start. What do I do? Aside from the business formation, understanding how much capital you need to begin and where to find it is the first major roadblock in any new venture. Whether you're bootstrapping (paying for the costs yourself) or looking for investors to get you off the ground, knowing how to start is imperative to the early success of your business.
With that comes a lot of pressure and questions. Do you have any of these questions or ones completely your own:
How much capital do I need to start a business?
What are the different types of startup capital I should consider?
How can I raise funds for my startup (angel investors, venture capital, loans, grants)?
What are the best ways to bootstrap a startup?
What are the benefits and drawbacks of crowdfunding?
How do I approach investors and pitch my business idea?
Will the Sharks on Shark Tank invest in my idea?
Money can be tricky at first, but knowing how to effectively find, manage, and utilize the finances you do have will set you up for success down the road when you have more money than you can shake a stick at!