Title: Top 5 Ways to Get a Funding for Your Startup
1Top 5 Ways to Get a Funding for Your Startup
2A recent study has shown that out of 100 startup
companies, 94 companies cannot earn success in
their business. Have you ever wondered why most
of the startups have to face failure?
3The studies have revealed that it is neither the
business idea nor effort which has made those
startup businesses to vanish. It was LACK OF FUND
which made them stop their dreams smashed day by
day.
4Arranging fund for a startup business is the most
challenging job for young entrepreneurs. Today we
have come up with top 5 ideas to fund your
startup
5- Fund through Startup India Scheme
- If the registration of your business is done or
after 1st April 2016, then you can apply for the
fund under the Start Up India scheme. - Along with many other benefits, one can apply for
a fund for his business under 'FoF' of startup
India scheme. - The government has decided to set up a fund with
an initial corpus of Rs.2,500 crore and a total
corpus of Rs.10,000 crore over a four years
period.
6- Business Loan
- Business loans have their own advantages such as
you don't need to share the profit of your
business as you have to do with other ways of
funding. - One has to prosecute a real-time business plan to
get the loan. - The loan amount depends on the repayment capacity
and the CIBIL score of the applicant.
7- Crowdfunding
- In this way of fund arranging, the fund is
collected from the public who believes in the
business idea of the entrepreneur. - This way of funding not only arranges fund for
the company but it also collects audience who has
the potentiality to convert into successful
customers in coming days. - This also grabs the attention of the venture
capitalists few years down the timeline.
8- Angel Investors
- Angel investors are the individual's with an
ample amount of money to invest in the startup
businesses where he feels there is a potentiality
to shine in future. - Angel investment is one of the best ways to get a
good amount of investment at an initial stage of
the business. - Angel investors are basically focused on helping
startups to take their first steps towards the
success of the business, rather than the possible
profit they may get from the business
9- Venture Capital
- The venture capitalist invests money with the
expectation of getting a high return. - There will be experts in their teams who will
check the industry you are looking to start your
startup before approving funds. - There are other advantages such as expert
advice, mentorship and guidelines on turning a
startup business to small business.
10Conclusion On investment, a famous investor
Warren Buffet has quoted ' Don't check the depth
of the water with your both feet'. While getting
investment from the of the ways, one must have to
take care that the investment is a subject of
returning with the profit to the investor.