Recently, I read the article “Beyond Banks: Alternative Funding for Startups” in the Business Owner’s Playbook. I love this piece! It is a valuable resource and primer on source financing when banks are not the way to go. If you’re looking to start a new business or expand the small business you already own, read this, then read it again, then bookmark it for future reference!
Here are just a few alternative funding options covered by the article:
- Crowdfunding: raising small amounts of startup money from a very large number of people (the “crowd”)
- Peer-to-Peer Lending: (a.k.a. P2P) borrowing money from unrelated individuals (“peers”) without having to go through a bank
- Angel Investing: wealthy private individuals providing startup money for your small business
Starting and owning a small business can be tough, but Nakata Consulting is here to help. If you have more questions about alternative funding or anything else, please don’t hesitate to contact us anytime.
