Securing funding is often a major hurdle for budding entrepreneurs. Various funding options include:
1. Bootstrapping: Using personal savings or reinvesting profits. 2. Angel Investors: High net-worth individuals who invest in early-stage startups. 3. Venture Capital: Firms that invest in high-growth potential businesses. 4. Crowdfunding: Raising small amounts of money from a large number of people, usually via the internet. 5. Grants and Competitions: Non-repayable funds provided by organizations or winning business competitions.