What was your primary source of your business capital?

[Stardom22]

As we all know that there are so many sources of the business capital,. For me l have been using my own savings to start the businesses that l have been doing all through. I didn't like the idea of taking some loans to fund my businesses

 

[Tracee]

Same! I started my business with my savings and presently running it with funds I got from the business set aside for the smooth sailing of the business

 

[King Belieal]

The primary source of my business capital was contribution from family members. It was really a cash gift from my mom.

 

[Suba]

Almost all the businesses that I have ever built, use capital sources from personal money, whether it is savings, selling investment instruments, or motor vehicles, so if we go bankrupt, I am not confused because the capital does not come from loans.

 

[eLdavis]

My source has also been my savings, then I started working in various paid to post platforms. This has helped me get some extra cash I use for my business as well.

 

[Nomad]

I started my first business by raising capital from my friends, but for my current business I used my savings

 

[Augusta]

it was from my saved money that I have been saving for months. It was very handy for me at that time

 

[SilverLance]

I believe in the principle of self-reliance and taking risks with my own resources. Doing so, I have full control over my business decisions and can grow at a pace that's sustainable for me.

 

[Springtime]

Business capital can be from various sources. The owner's savings, loans from banks, venture capitalists, or from family and friends.

 

[SilverLance]

Some businesses may choose to seek out grants or government funding to help get their venture off the ground.

 

[Augusta]

For a lot of them it has always been the savings they had kept. it is never about borrowing since it comes with high interest

 

[Stardom22]

After l hard been laid off at work because of the pandemic the company paid me the gratuity alongside with the service

 

[SilverLance]

That gratuity is a token of the effort and years you put in. That’s something, all good companies do right by their people like that.

 

[Augusta]

Equity capital is where a company raises money by selling off a percentage of the business in the form of shares which are purchased and owned by shareholders.

 

[Kross]

I saved through years to buy the equipment for my business. It took me seven years of savings to fully set up the studio.

 

[Fidelia]

My mom gave me 70% of the capital I needed to start my business. Little savings I had and donations from other family members made up the 30%.

 

[Augusta]

Business capital can be from various sources. The owner's savings, loans from banks, venture capitalists, or from family and friends.

Yeah Financial assets that can be liquidated like cash, cash equivalents, and marketable securities. Tangible assets such as the machines and facilities used to make a product.