Securing START UP CAPITAL

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Securing START UP CAPITAL

Thursday, December 20th, 2007 Subscribe To Our Feed

Despite what some pundits say, you can’t even think about starting a business without at least some start-up capital. I’ll repeat that. You need cash. If you [/spin]have enough|can come up with enough[/spin] from your savings, that’s all well and good, but many of us will need help from others (and may need to beg and borrow to achieve your dreams).

So you need to start to think about some of the ways of securing START UP CAPITAL.

Can you use your home equity to get the necessary funds for START UP CAPITAL?

What are the legal and other considerations in getting START UP CAPITAL and loans from family and friends?

What is a promissory note? What has it do with START UP CAPITAL?

What are the considerations when taking loans from financial institutions?

What about my spouse’s assets? Can I use them as security for START UP CAPITAL?

Are government loans available?

What about help for women and minorities?

What are the legal considerations in getting contributions from others?

Legally, what’s the difference between active investors and passive investors?

What if I want to have “passive” co-owners? You see, there are so many questions to answer and you really need to seek solid professional advice before making any firm commitment. A few hundred or thousand dollars spent at the start may save you millions down the track.

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