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Question: Funding for Startup
- Posted By: juke
- Subject: Business Administration
- Group: Starting A Business
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Funding for Startup
What is the process for getting funding for a business startup? It seems that all the lenders want two years of business and positive cash flow. The hardest part of business is getting through the first couple of years financially and having the money to grow your business.
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- Posted By: stk
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Most all lenders want 2 or more years, biz financials, etc.
I would recommend looking into
1. Checking into "seed" money, and or VC funding if you don't mind sharing equity / board members, etc.
2. if you have enough cash flow to get by - that is always the best way.
3. keep driving traffic / members, get ads going, etc.
4. mabey an affiliate program