To bridge funding gaps, entrepreneurs can consider the following strategies:
Bootstrapping: Using personal savings and revenues from initial sales to fund the business. Angel Investors: Seeking early-stage investments from wealthy individuals who are willing to take higher risks. Venture Capital: Attracting investment from firms that specialize in funding high-potential startups. Crowdfunding: Raising small amounts of money from a large number of people, typically through online platforms. Government Grants: Applying for grants and subsidies offered by the government to support new businesses.