What type of business funding do you prefer?

[Xtynehappy]

There are so many types of business funding sources. For me l would like funding my business with my savings or money given to me as grants by the family members. There are some other ways for the same like loans, crowdfunding among others.
What about you?

 

[eLdavis]

I prefer funding my business with savings I have gotten working on other places or if I have the opportunity win some grants, then it would be an awesome way as well.

 

[Augusta]

prefer personal savings business funding where you can use your savings to kick start the business but if not then donations from friends and family should help out here

 

[magnus2022]

A person who need desperately need fund to run his business will not consider where or the type of fund. Fund is fund. Entrepreneur that need financial help don't have time to do all these unnecessary thinking.

 

[Augusta]

You can get funding from agel investors but you need to know what it is in it for them. Then weigh to be sure you like the terms

 

[Stardom22]

Funding your business with a loan is like ditching your business to indebtedness that may lead to eventually bankruptcy. Business funded with your own savings is the best option for that matter.

 

[Augusta]

Funding your business with a loan is like ditching your business to indebtedness that may lead to eventually bankruptcy. Business funded with your own savings is the best option for that matter.

Yes, Business funded with your own savings is the best option. Unless you want to start owing then you can take a loan

 

[eLdavis]

Yes, Business funded with your own savings is the best option. Unless you want to start owing then you can take a loan

That's true, a lot of persons tend to go for loan most times cause they consider it to be a lot faster compared to when you save up yourself for the business.

 

[King Belieal]

All of us are saying that businesses should be funded by our own savings but the truth is that only very few of us even earn enough to be able to save and fund a business within a 2 year timeframe.

 

[Augusta]

That's true, a lot of persons tend to go for loan most times cause they consider it to be a lot faster compared to when you save up yourself for the business.

Yes, when you use your money you wouldn't panic or be anxious about how you would pay back adding more stress to running the business

 

[eLdavis]

Yes, when you use your money you wouldn't panic or be anxious about how you would pay back adding more stress to running the business

Exactly there is always this peace of mind that comes along with it.

 

[freelancermaria]

In my case, I prefer to fund my business with my own money. I do not want to take out a loan since it can cause problems later on.

 

[eLdavis]

In my case, I prefer to fund my business with my own money. I do not want to take out a loan since it can cause problems later on.

This is the best choice for me. With this I can have peace of mind.

 

[Stardom22]

For me l can say that l like to fund my business with my own money like savings, and grants for that matter. Using your Own money as the business capital makes a good business.

 

[Kera]

I won't even consider any kind of loans to fund my business. It ain't worth it at all. I would rather save to start my business.

 

[Nomad]

I like partnership funding where the partner not only bear the profit bust also loss. I would also like a partner who has the skills