Skip to main content

Raising Capital for Business



There are so many ways capital can be raised for setting up your own business. It can be raised by yourself, from your immediate family and close friends. Capital can be raised by yourself by working first for another company and not losing focus of your main goal. Work first, go ahead with any job you are comfortable with and raise that capital. Another way  capital can be raised is from your immediate family members. Immediate family members will most likely loan or even dash you the money cause they care about you. Loans from family members should be at 0% anything other that do not accept it. 

Capital can also be raised from close friends, ask them to borrow you the money, tell them what the money will be used for and give a particular date that the money will be returned. Loans from close friends should be at 0% too, anything other than that do not accept it. Do not deal with interest, it is bad for you. Please adhere to the date given, integrity is key as well as goodwill.  No one can make it by standing alone, you need a team, you need money etc to make that business a successful one.

Keep checking my blog regularly, Cheers!

Comments

  1. such a informative nice post thanks for sharing. i will share this article in my circle
    Business and Finance

    ReplyDelete
    Replies
    1. Thank you, I am glad you found it informative. Please do share the article, it will be well appreciated.

      Delete

Post a Comment

Popular posts from this blog

Work-life balance: all should attain it

Hello readers, today I will be writing about work-life balance. According to businessdictionary.com, work-life balance "is a comfortable state of equilibrium achieved between an employee's primary priorities of their employment position and their private lifestyle." All work and no play makes Jack a dull boy, thus, you should find a balance between work and play. Here are some tips to help you achieve it.
1. Do not check your email (work) after working hours, this will help improve the quality of time you spend with your family and friends. Thus, you should not be distracted by work when spending time with your family and friends. 
2. When you decide to improve the situation of your work life balance, take it one step at a time. For example if you do not get to spend time in the evenings with your family during the week days due to coming back late from work, you should decide to spend one day a week and gradually increase it to two and then three till you get to spend the…

Eid Mubarak

The world of competence

Hello readers, it has been a while. Hope you did not miss me much, the good news is I am back now. Today, I will be writing about competence.
Competence is the ability that enables a company or an individual to deploy its resources effectively. It is neccessary for a company to have a competence target in all its business activities so as to deliver value to its customers. This will help create a competitive advantage for the company.
Competencies must provide value to customers. It must be unique or able to develop greatly or be better than that of competitors. New products and services must be able to be developed as a result of the competence. It must be difficult for other competitors to obtain or imitate.
Continually producing high quality products can make a company become a market leader (which is a core competence) as it provides a company with a competitive advantage. With high quality, higher prices can be demanded by the company from customers and the company will also be able…