TECHNIQUES OF RAISING CAPITAL WITHOUT COLLATERAL

These posts will solery breach the gap on how you can raise a capital for your business/Startup business
Image result for pictures showing entrepreneurs h raise capital

 1.Trust
          It is of paramount importance you generate a trust in any community that surrounds you be at work ,home ,school or wherever community you reside these are people once they trust you it is easy for them to give their money when you ask for their support since they trust your purpose,they trust you proposal that whatever you say it is out of importance and they automatically in debt to support you
2.Friends/Relatives/Co workers
          These are the people that surround you they are the first people you interact with whenever in need you should never shy to reach for these people for financilal  support when you need it they can easily support you because they know you,and knows your hustles etc

3. Getting a Job
        When you want to start your business you would probably have to get a job which will generate you the money which will assist you starting your business.

4.Saving Culture
        As an entrepreneur you should have a saving culture which will assist you to collect a capital for you to louche your first project/business so reducing consumption unnecessarily and increasing your savings to ensure you reach the target capital you need to get started.

 5.Dare
       The other means of raising a capital is by getting started regardless of the level of capital you have,the will to do something once recognized by people and vision seen by people it is very easy for people to come to express their interest and join you with the capital.

6. Preparing a business plan   
       By preparing your business plan and pitching to investors it is easy for your business getting funded the most important thing you need to show the future your research and ability for returning the money that will be invested in your money.

7. Pre payment 
      Approaching Potential customers for your idea /product this is one of the way if you manage to create an  appealing product or service people wont deny it is easy to raise money by upfront order this mode also has shown a good outcomes and can enable you to produce more items.

8. Financial Institutions
      The other mode of raising capital is visiting the financial institutions is for the loans although they will require you to have collateral to ensure their loan recoverbility it is possible for you to get a loan but the best way to nail a loan from a bank if you dont have a capital it is by showing the first step arleady taken.



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