Due to unexpected events each business goes through tough times and thus the need for additional capital, this might be brought by a need to expand. It is good to know where to source for funds when need arise.
During the life of most any business, the owner will need to seek out cash to help with its growth or to keep it going through a rough patch. So, planning how to fund a business is hardly a trivial or brief topic.
However, we can provide an overview we hope will help start you thinking about your business’ options.
First, there are two ways to externally fund a business: debt and equity.