Securing funding is crucial for the growth and development of a new business. Here are some common options:
Bootstrapping: Using personal savings and revenue from initial sales to fund the business. Angel Investors: Wealthy individuals who provide capital in exchange for ownership equity or convertible debt. Venture Capital: Investment firms that provide capital to startups with high growth potential in exchange for equity. Crowdfunding: Raising small amounts of money from a large number of people, typically via online platforms. Bank Loans: Traditional loans offered by banks and financial institutions. Grants: Non-repayable funds provided by government agencies or private organizations.