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Questions and StoriesCategory: QuestionsWhat Are the Easiest Ways of Raising Capital for a Business?
Nnaemeka Victor asked 3 months ago
jackso replied 3 months ago

Write a smart business proposal and present it development banks for funding, we also have commercial banks that provide low interest loans for business start ups.

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21 Answers
Kenneth Ogbonnaya answered 3 months ago

The easiest way of getting capital for a business is by getting loan from a friend or family member.

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David Matlala answered 3 months ago

If you can’t get it from a friend or family member; you’ll have to find an investor or face your bank manager.
 

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Ahmad Khasan answered 3 months ago

If you have capital in your savings account, then use it. The money would have more value if you invested in on a business that you have faith in than if you keep them in your saving.
If you don’t, then a friend or family or person with faith in you is a good option. Henry Ford also turns on his friend when he needed capital to build Ford Motor Company. And he did it after failed two times in his business endeavor.

James0608 replied 3 months ago

The other way to get loan is from P2P providers … willing to give to promising businesses. For new start up , it’s still very difficult to raise funds .

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Leno Jean Pierre answered 3 months ago

As for me this easiest way to raise money for a business is to put away (I mean save) at least 20% of your monthly income for a certain period of time. When you realize that it enough to start your business ,then you can do your business without stress .For me it is risky to loan money from a friend, Bank or wherever because we are never 100% sure that the business will work.

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Jackson Mugarura answered 3 months ago

I’d by using the proven given here by luckscout, one can raise capital in a short time. By cutting down expenditure and increasing sources of income, one can easily raise capital without necessarily incurring loans.

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Eli Davis Keinamura answered 3 months ago

The easiest ways of raising capital for business are savings from your work or village members savings group.Another best way is selling your property  like apiece of land ,cows .loans  bring stress when time for paying back.

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Gareth White answered 3 months ago

All depends on how much you need. £1000, £10000, £50000, £100000, £250000, or more. There are the usual lenders like banks and other loan companies but you will need to make sure you have a ful business plan and they are not always flexible. Family and friends if they have the money and believe in what you are doing. Funding Circle for people who are hungry to invest in tangible business ideas.

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Leno Jean Pierre answered 3 months ago

If you have a good business plan and a great potential for growth and development. You can raise your capital from your close friends, family members that are willing to support you and trust you, Angel investors if you present a good business plan, Loan money from Bank if your credible etc
There are plenty way to raise your capital. You can also lauch a crowdfunding campaign.

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Nnaemeka Victor answered 3 months ago

GREAT ANSWERS SO FAR. I WOULD LOOK THEM.

Nnaemeka Victor replied 3 months ago

*INTO

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Gareth White answered 3 months ago

Easiest way to raise capital is sell something you no longer use or need. Lots of people like to buy luxury products but do we really need them? A small sacrifice now will make a bigger/brighter future

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Leno Jean Pierre answered 3 months ago

To avoid issues and trouble with people, I prefer raising my business capital by saving atleast 10% of my salary every month and put it away. But in a emergency situation and contact closer friends, family members that can believe in my projec and can actually support you.

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Edward Duffy answered 3 months ago

I think it really depends how much you need as there are many avenues as mentioned above another could be crowd funding. It would always be advisable to have a business plan which is important for all businesses.

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Leno Jean Pierre answered 2 months ago

It depends on how much you need ; your personality and honesty can play an important role to raise your capital very easy.
Your close friends and family can help you ;
You can contact Bank for loan ;
Angel investors are here to help you.
Crow funding can give you a hand too.

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Leno Jean Pierre answered 2 months ago

If you don’t have credibility it is a little bit difficult to rise a capital for a business.
With honesty ,loyalty and credibility you can raise it easily trough close friends, family members, angels investors, local Bank and so on.

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Jackson Mugarura answered 2 months ago

Here I would add friends, relatives and well wishers can come together and pool resources together. This can be a cheap source of startup capital also.

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Leno Jean Pierre answered 2 months ago

Honestly to be peaceful and not stress it better to raise your business capital with your own money. If you’re working,it better to save at least 10% of your salary each month and put it away for a long period. You will be free and will do a good money management. If you laon money from friends, close family or a Bank you will not feel peaceful and free. You will be stressed while managing your business.

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Kenneth Ogbonnaya answered 2 months ago

I think the easiest way to get money for a business is by getting loan from bank.

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Gareth White answered 2 months ago

Loads of easy ways to raise capital. First is to understand why you need to raise capital- what is the money going towards and why is this a good idea? If you can clearly answer these questions you can then move onto Step 2 which is ask the financiers whether it be friends, family, banks, crowd funders etc. there are lots of people eagerly waiting to invest.

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adharad answered 4 weeks ago

I use the savings from the income that I get. But my savings cannot be fulfilled. I need to borrow from my friends.

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Kenneth Ogbonnaya answered 4 weeks ago

How to raise enough capital for business is by saving daily and avoiding too much expenses

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Jackson Mugarura answered 4 weeks ago

kenneth. How can I save when I don’t have any income. Most people don’t have any income, how can such people raise capital to start a business?

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