Top hacks for your business seed money

Starting and operating a business with little or no money, or assistance from outside investors, is entirely possible.

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Finding Seed Money for Your Own Business

smarter smarter - 6 months ago
  1. You
  2. Bank Loan
  3. Your near and dear ones
  4. Changing the business profile to a strategic partnership so that the assets of the partner(s) can also be considered for securing business loans. 
  5. Customers and vendors can also be a source of funds when they are sold on the compelling business idea and agree to buy into the business and invest money.
  6. Your personal assets are a good source of funds and you can consider selling them for your business.
  7. The United States Small Business Administration is not a source of direct funding for small businesses.
  8. The Catalog of Federal Domestic Assistance gives information on federal programs that offer grants.

via howtodothings

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How to Obtain Seed Money to Start or Expand Your Business

smarter smarter - 6 months ago

  1. Go to the SBA website at SBAdotgov.
  2. Follow the instructions on filling out the pre-application for the SBA.
  3. Once you have completed the pre-application and submitted it to the SBA, they will screen the pre-application to make sure you meet their lending criteria as listed above.
  4. Your local bank/lender will contact you to complete final loan documents with the bank.

via ehow

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Guide to Creating Virtual Seed Money

smarter smarter - 6 months ago
  • make yourself known through the press
  • use your networks to build relationships
  • prepare your pitch & presentation
  • let every contact sell
  • Get the Cash in On Time
  • Use Low-cost or No-cost Bodies
  • Avoid high rents
  • Get All the Best Advice You Can - for free

via business