finance

What are the Primary Sources of Funding?

Entrepreneurs have several funding options to consider:
Personal Savings: Many entrepreneurs start by investing their own money.
Friends and Family: Borrowing from close contacts is common but should be handled with care.
Angel Investors: Wealthy individuals who provide capital in exchange for equity.
Venture Capital: Firms that invest in high-growth startups in exchange for equity.
Crowdfunding: Raising small amounts of money from a large number of people, typically via online platforms.
Bank Loans: Traditional loans that must be repaid with interest.
Grants: Non-repayable funds provided by governments or organizations.

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