Small Business Funding – Reach into your own #%&! pockets!
Every business has start-up costs and your new home-based business will be no different. As the old saying goes You need money to make moneyYou know thats right brother!
So where do you get the money you need to start a home business?
The simplest way for home business owners to get the money they need is from the principal owners own pockets..that means YOU!
Like myself, many work at home entrepreneurs simply use their own savings to fund their businesses, using money from personal resources such as
Savings
Personal Investments
Credit Card Advance
Sale of Assets
Second Mortgage Loan
Borrowing from Relatives (well maybe not)
are all ways to finance a small business start-up using your own funds.
The alternative to funding it yourself is to apply for a small business loan. The biggest issue there is that unless you have sufficient collateral, or any related experience in your field of business, you may not qualify for this type of loan.
Luckily, the amount of cash youll need to start-up your new home business...
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