Accessing Capital For Your Business: Strategies for Success
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- Created by Desha Elliott
- Language: English
Description
This comprehensive course on accessing capital for DIY and small business owners provides essential strategies and practical techniques for securing funding to grow your business. Whether you're just starting out or looking to expand, you'll learn the fundamentals of financing, including equity and debt financing, grants, crowdfunding, and bootstrapping. You'll also learn how to create a compelling pitch that showcases your business's growth potential, how to build relationships with investors and lenders, and how to negotiate deals and close sales. With real-world case studies and practical examples, you'll gain the knowledge and skills you need to successfully secure access to capital for your business and achieve your goals.
This course is designed to help learners develop a better understanding of the various ways in which businesses can secure funding, and the benefits and drawbacks of each option. Some types of access to capital that may be included in this activity include:
Equity financing: This is a type of funding in which investors provide capital to a business in exchange for an ownership stake.
Debt financing: This involves borrowing money from lenders, such as banks or investors, that must be repaid with interest over a set period of time.
Grants: Grants are funds that do not need to be repaid, and are often provided by government agencies or non-profit organizations to support specific types of businesses or projects.
Crowdfunding: This involves raising funds from a large number of individuals, often through online platforms, who contribute small amounts of money in exchange for rewards or equity in the business.
Bootstrapping: This involves funding a business using personal savings, revenue generated by the business, or other non-traditional sources of capital, rather than seeking external funding.
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