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Starting & Running a Business All-in-One For Dummies, 4th Edition (UK)
book

Starting & Running a Business All-in-One For Dummies, 4th Edition (UK)

by Colin Barrow
October 2023
Beginner
688 pages
18h 52m
English
For Dummies
Content preview from Starting & Running a Business All-in-One For Dummies, 4th Edition (UK)

Chapter 2

Seeking Alternative Funding

IN THIS CHAPTER

Bullet Getting a grant

Bullet Winning awards

Bullet Seeking help from a professional adviser

Bullet Using crowdfunding

Bullet Making the most of accelerators and incubators

At the start of your funding journey, you probably immediately think of your bank as the first port of call. That’s a very logical thought, because for the vast majority of people, any contact with money, especially when it comes to business, goes through a bank. Your banking relationship often goes back many years. You may still bank where you opened your first savings account, it’s where you put your wages, and if you’re lucky enough to have a foot on the property ladder, it’s where you got your mortgage. So far, so good. However, that’s where the logic ends.

In all of these transactions, you’re giving the bank money or pledging security in the form of property, so the risk of something going wrong from the bank’s point of view is very small indeed. Your new business venture, on the other ...

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Publisher Resources

ISBN: 9781394201655Purchase Link