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Home > By DEPARTMENTS > Finance and Financial Management for Green Business > Investment and Funding for Green and Sustainable Programs and Business Development

How to Raise Money for Your Business

Raising money for growth starts with sales, and expands with a real-world business plan with early sales building the foundation.

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10 Ways to Raise Money for Your Business

The Small Business Administration provides information, training and access to a variety of small business financing vehicles. They cover the following ways of financing that can be the fuel in your engine of growth.

  • Startup Financing
  • Bank-Term Loans
  • Equipment Leasing
  • Angel Investors
  • Various Types of Business Loans
  • Private Loan Guarantees
  • Export Trade Financing
  • Institutional Venture Capital
  • Self-Financing
  • Collateral

But first comes a strong business plan with customers lined up who want to buy! There is nothing like having REAL customers who want your product or service to convince a money lender that you have a viable proposition.

Successful entrepreneurs know that you have to get in the car with your trunk full of products and knock on doors. This is an essential part of the financial health of your enterprise because you learn so much...and those first sales are the seeds of your future success for several reasons. Early adopters make great references. Early sales figures go into your application for growth financing. Referrals will build momentum. And those sales help pay off your bills...and put food on the table!

Entrepreneurs must be sales people. That's the heart of starting a business, and without a heart that pumps enthusiasm, knowledge, service and strength -- there is no business. It would be better to call a business without a salesperson at the helm ... a hobby.

Edited by Carolyn Allen, owner/editor of California Green Solutions
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