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Starting a Business All-in-One For Dummies, 3rd Edition
book

Starting a Business All-in-One For Dummies, 3rd Edition

by Eric Tyson, Bob Nelson, The Experts at Dummies
April 2022
Beginner content levelBeginner
656 pages
17h 51m
English
For Dummies
Content preview from Starting a Business All-in-One For Dummies, 3rd Edition

Chapter 2

Finding the Funding

IN THIS CHAPTER

Bullet Making a money plan

Bullet Using your own money first

Bullet Looking for an angel this side of heaven

Bullet Using venture capital

Bullet Selling stock through an IPO and other sources of capital

Bullet Protecting your business plan

Two common attitudes about start-up funds make the search for funds much more difficult. They are

  • The more money I get, the better. I can use as much as I can get.
  • My business plan numbers are just estimates — the investor will tell me what I need.

If you’re thinking like this, stop right now. First of all, why seek more investment money than you absolutely need? Every bit of capital invested in your business costs you some equity (ownership) in your company. Besides, having too much money may lead you to make poor decisions because you don’t think as carefully as you should about how you spend that money.

Secondly, although it’s true that ...

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Publisher Resources

ISBN: 9781119868569Purchase Link