Where to get money for business. Where to get money to start a business from scratch in Russia

Nowadays, most credit institutions have entire programs to support entrepreneurs - for medium and small businesses, including start-up businessmen. This method cannot be called popular, since, often, the conditions for such lending are quite strict, for example, a high interest rate on the loan, strict requirements for collateral or credit history. This is scary for a new entrepreneur.

Although, it makes sense to study all the offers on loans and borrowings from different credit institutions, because you may find something suitable just for you. Proposals for lending to private individuals (for example, consumer loans) should also be considered. Often the terms of such loans are simpler.

2. Borrow from relatives and friends

This is one of the most common methods. It’s good if you have friends or relatives who trust you and can lend you funds to start a business. To prevent your relationship with them from deteriorating, you need to calculate everything and be confident in your abilities. Most likely, this option is appropriate if you need little money. The main advantages of this option: you do not need to look for a guarantor, collect various documents, and, most importantly, you do not overpay interest.

3. State aid

At the moment there is a special program to support small businesses. . As a rule, these are courses for entrepreneurs in regional employment centers and the preparation of a business plan for your idea. If your business plan is accepted, you are guaranteed to receive help– you are given a certain amount. It is also possible to receive a grant for one or another type of activity. Typically, this is considered a socially useful activity when you can benefit the state and the population.

4. Unions of entrepreneurs

Such organizations exist in almost every city. This can be either a department of the city administration or a specially created one. fund for the purpose of providing financial assistance. In Russia, the largest union is the Federal Fund for Support of Small Businesses. What can you expect when you contact this organization? The first is with favorable conditions. The second is the opportunity to attend all kinds of trainings, exchange experiences, and improve qualifications. Third, assistance in solving various difficulties that arise during your activity.

5. Independent search for an investor

The method, which is so developed in many countries, is just beginning to gain popularity here. There are companies and people who have available funds and are ready to invest part of them in someone else’s business in order to receive passive profit from their investments in the future.

To find such a person and get the required amount of money from him to realize your dream, you first need to draw up a business plan and be able to convince him of the success of your endeavor. But here you need to take into account that by attracting an investor, you will not become the sole owner of the business.

6. Earn money on your own

This is the most reliable and useful way to find start-up capital. While you are an employee, earning and saving money, you will learn to reach your goal and save. In this case, only advantages await you - you will not depend on the investor, you will not have to share your income with him, nor on the bank, obliging to repay the loan and interest, nor on friends or relatives. By ensuring your start yourself, you will earn experience that will help you maintain your position as a businessman and successfully develop your business in the future.

Saving up yourself or is the first part of the upcoming endeavor. Next, you will need to overcome more than one obstacle on the way to the development of your enterprise. But those entrepreneurs who decided and went all the way to the end know that the best activity is doing what you love. Decide on ideas and start with confidence!

Despite all the difficulties and bureaucratic obstacles, more and more Russians are striving to become independent and open their own enterprise. We have long been taught to perceive the state not as an assistant, but as an insurmountable barrier to profit. What are the chances that money for business from the state will still end up in your budget in 2018?

What kind of help can you expect?

The time when small businesses were left to fend for themselves is long gone. Today, the development of this area is a priority in the internal policy of the state.
According to new changes in legislation, individual entrepreneurs can count on the following benefits:

• cash subsidies;
• coverage of training costs (often, however, only partial);
• internships;
• leasing on preferential terms;
• free or preferential outsourcing services;
• grants;
• discounts on participation in exhibitions and fairs;
• partial compensation of interest on loans;
• provision of guarantees and sureties by government funds, which simplifies access to borrowed resources.

It is also worth noting that it is not only government funds that support small businesses. Those who provide assistance to newcomers include investment funds, public organizations, business schools, and government agencies. They are the connecting link between the state and entrepreneurs.

Subsidies for start-up entrepreneurs

The resolution on business support applies to everyone who has a USRIP registration sheet. These persons may apply for a cash subsidy.

The main condition is that the registered enterprise should not be more than two years old. It is such a business that is considered a start-up and can enjoy the privileges of the entrepreneurship support program.

The amount of assistance is determined depending on the region in which your company is registered. The maximum assistance that can be received in the capital is 500,000 rubles. In the regions, no more than 300 thousand are allocated. However, it is worth considering that due to the crisis in the country, money to support small businesses is transferred from the state budget quite slowly, so not all funds accept applications for subsidies.

You also need to understand that the individual entrepreneur receives money allocated for business development from the state on the terms of co-investment. It is impossible to organize your own enterprise using government money alone; you will also need to contribute personal savings.

In addition, the subsidy can only be used for strictly regulated purposes:

• payment for rent of premises;
• equipping employee work areas;
• purchase of materials and raw materials for production (you can only use 1/5 of the assistance received).

You will need to report how much and where you spent money from the cash fund. For verification, the regulatory authority will require receipts, certificates, and contracts. In addition, you must first familiarize yourself with the financing conditions in your region so as not to violate the requirements of local legislation.

Support for the unemployed

State support for business can be implemented in another way - through the employment center. To receive assistance, you must first register as an unemployed person at the local employment center. Then, reasonably refuse all proposed vacancies, draw up a business plan for future activities and submit it for consideration along with other necessary documents.

If everything is done correctly, you will be allocated funds to bring the project to life. The amount of assistance, of course, is not too large - 58,800 rubles. But if you have a viable idea and a great desire to implement it, this should be enough to get started.

An important condition for receiving this type of assistance is constant (quarterly) reporting on the expenditure of funds to the employment center. If it turns out that money for a business from the state was not used for the purposes provided for in the business plan, the entrepreneur will be required to return the subsidy. He will be blacklisted and will no longer receive government assistance in the future.

Other help options

There are a number of other government support options.

Free education

The most common reason for the failure of entrepreneurial activity is the lack of necessary knowledge about running a business. They, in turn, are difficult to acquire due to the high cost of relevant educational services. As a grant, the state provides budding entrepreneurs with the opportunity to attend all kinds of courses, seminars and lectures for free.

Rental discounts

Government support can also be expressed in the form of discounts on rent for premises for office or production. True, such assistance is only possible if the rented building or premises is on the balance sheet of the state fund. If you want to get it, be prepared to participate in a competition for the title of the most worthy tenant. If you win, you will receive an additional subsidy for connecting all necessary communications.

So, an idea has come to your mind that you are sure is useful for society and will appeal to consumers. You think it can bring you income. After careful planning, you need to have the financial base to help bring your idea to life. Let's figure out what this financial base could be.

1. Personal funds

This method can undoubtedly be called the most reliable, since it does not require any loans from banks, which in times of crisis can only harm your company. The negative side of this method is that the development of the company will most likely take longer. But, as they say, if you rush, you will make people laugh, so perhaps in your case you should not rush.

“We started with small own savings and very small borrowed funds, also personal, so we developed slowly due to limited financial capabilities,” Natalya Storozheva, General Director of the Perspective Business and Career Development Center, teacher at the Russian School of Management, shares her experience. - In the first year of the company’s existence, we had only three employees, in the fourth year - four. And only in the fourth or fifth year we began to recruit a team, because we were able to use the money we earned for development. Fortunately, they did not take out any loans, which may have saved the company during the crisis years of 2008 and 2015. Now Perspektiva has a small team of 12 people, and it cannot be said that the company is developing quickly, but it is stable and progressive.”

Ilya Balakhnin, CEO and managing partner of Paper Planes Consulting, agrees with Natalya Storozheva: “If a business doesn’t have enough own funds at the start, don’t start at all. This means that it is not realistic or calculated incorrectly. Rely on your own and only your own strengths and do not try to catch an investor by the tail.”

Alexander Trifonov, co-owner of the legal service 48Prav.ru, made his first money with his team from recommendations from lawyers. “At first we tried it, it brought benefits, and then, when we found out that clients were willing to pay, we began to take money and reinvested it in the business - we spent it on channels for attracting new clients, on IT infrastructure and on promotion to the target audience.”

2. Investor money

The next method is more risky than the previous one, and there are a number of reasons for this: searching for an investor takes a lot of time, agreeing on all the conditions takes even more time. You may find the perfect investor who wants too much control over your company. The most difficult thing in this situation is to reach a compromise.

According to Ilya Groshikov, managing partner of the Biplan marketing agency, reaching out to investors is the most obvious and effective way to attract money for business development. “Of course, this is a difficult path that requires a lot of effort and luck. True, if your project is capable of bringing real profit, then you should not worry about the result, he is sure. - We were in a similar situation 7 years ago and put a lot of work into demonstrating our productivity to investors. Successful cases of past projects and positive customer reviews helped. You can find a patron partner who will take your business under their wing, or get a loan from a bank. But it’s worth remembering that in both cases you are putting yourself at great risk.”

Alexey Menn from the Sun Capital fund believes that for an early stage of business, attracting a business angel helps solve some of the problems, especially if this is a person who has not only the opportunity to invest in the project, but also the knowledge necessary to take this project to a new level .

3. Funds

The golden mean is to find a fund and try to win a grant. Be confident in yourself and your idea, choose a suitable fund, prepare a presentation. According to Alexey Menna, if a company has just started its work and uses technology at least a little in its business, then it can apply for funding from the IIDF (Internet Initiatives Development Fund). “IIDF provides companies with a little more than 1 million rubles. for a 7% share and allows you to take part in an acceleration program, within which business founders are actively taught (marketing, IT, finance, attracting investments, etc.). IIDF also provides space in coworking spaces, says Menn. - In IIDF, for example, I became acquainted with the ParkApp project, in which I then invested. The founders of ParkApp received funding from IIDF, created a prototype of their product that showed free parking spaces in any city in the world, and only then were able to receive significant funding ($800 thousand) from investors at a later stage.

The Moscow Seed Fund provides small businesses with a loan of 0.5-8 million rubles. for 3 years at 12% per annum. If after three years the company is unable to repay the loan, the debt will be converted into equity.

If we are talking about an innovative enterprise, it is quite possible to receive a Skolkovo grant from 1 million to 50 million rubles. (there are different types of grants) which does not need to be repaid. The venture fund of Promsvyazbank very actively finances projects from real business (although it is not entirely clear why they are called a venture fund, because they do not invest in IT projects). But if you want to open a bakery, a clothing store, a coffee shop or a hair salon, you are welcome there.”

Alexander Trifonov does not advise taking bank loans for a business that does not exist, or for an idea. Funds and angel investors are suitable for this, he is sure. “For example, for projects that are in one way or another related to IT, the Internet Initiatives Development Fund offers very interesting conditions, but even here, we would recommend first going through the correspondence accelerator and only then going to the full-time accelerator.”

4. Crowdfunding and crowdinvesting

Crowd funding is another option for raising money. It is especially suitable for creative projects in the field of music, literature, as well as projects in the media field. At least they occupy the main share of the Russian crowdfunding sector.

According to Alexey Menna, crowdfunding platforms in some cases help to quickly raise the necessary funds to launch a product on the market. And there are not so few such examples. “Recently, the Russian team of the Nimb project raised $150,000 in just a week to implement their project on Kickstarter,” Menn gives an example. “There are many analogues in Russia, in particular, Boomstarter.”

“The StartTrack crowdinvesting platform will help small businesses attract collective investments from a number of business angels or novice investors, both as debt and as equity financing,” says Alexey Menn. - More than 1,000 investors are registered on the site, who collectively invested over 400 million rubles. to various projects."

5. Regional support for small businesses

Beginning entrepreneurs can count on government grants and property support at the regional level. To find out about all possible support measures and the conditions for its provision, you can use the interactive navigator. For example, beginning farmers in the Volgograd region can receive financial support in the form of a grant, the maximum amount of which is 1.5 million rubles.

Where to get money for a business is the first question asked by people who are “on fire” with an idea. There are many answers to this. You can solve the problem of lack of funds yourself, but if you don’t want to wait, just contact a bank or find a private investor. You can read more about various methods of obtaining money to start a business in this article.

Savings

Own savings are one of the longest methods of accumulating the necessary amount to open your own business. To implement it, you need a salary such that every month you can save at least 10% of the amount received and at the same time live comfortably. But in order to speed up the flow of money into the piggy bank, you can partially sacrifice comfort. Here is a plan that will help you collect the required amount as quickly as possible:

1. Find a part-time job

To continue to live comfortably, not spend money from your earnings and at the same time save a certain amount, it is enough to find a part-time job you like. Savings received from other activities should be immediately put aside or stored on a bank card.

2. Learn to save your budget

Before you save the required amount to open your business, you need to prepare yourself psychologically, then draw up a monthly plan for income and expenses and leave only those purchases that are necessary on your shopping list. Cross out everything else and stop spending money on small things. You can save:

• On payment for mobile communications services, housing and communal services, Internet, . Deposit money into your account without commission, choose unlimited call and SMS tariffs, switch to an Internet package with a lower data transfer speed, etc.;
• While shopping for groceries. Try not to visit supermarkets and megamarkets. Everything there is done to ensure that a person spends as much money as possible, and half of the purchases, upon careful analysis, turn out to be unnecessary. Make a list of goods before going to the store and strictly follow the “instructions”. Visit grocery stores and make bulk purchases of products;
• On buying clothes. Buy things for winter in summer, and for summer in winter. This way you will save from 40% to 60% of the cost of the product. Visit sales where new clothes are presented at good discounts. It’s better to wait until the season passes and buy yourself things for all occasions at a lower cost;
• On transport services. During the period of accumulating the required amount, you can refuse the convenience of traveling by car (if you have one), and travel by bus, metro, tram, trolleybus. On the other hand, it is better to get a job with a taxi company by car, creating a good source of additional income, and if you are going to, you will also learn how competitors build their business;
• On vacation and entertainment. There is no need to completely give up the joys of life in order not to get tired of boredom. But an extra trip to a cafe or restaurant can be replaced by relaxing with friends at home.

Always take into account the fact that additional expenses may arise and set aside an amount of 5-7% percent of your salary.

Special programs, for example, “Home Accounting,” will help you control expenses. Over the course of a month, write down all your expenses in the cells, then conduct an analysis and give up unnecessary spending in favor of your dream.

Here are some more tips:

1. Keep money in foreign currency so as not to waste (if the situation on world markets is stable);
2. Keep your money in 5,000 ruble banknotes. I want to spend thousand and five hundred ruble banknotes more often.

Bank loan

A bank loan is a quick way to get money to start your own business. Financial institutions are ready to offer several lending programs from which you can choose the best one. The leaders in providing loans to small businesses are Sberbank, VTB, Alfa Bank, Bank Trust and some others. They issue funds both secured by real estate or a car, and without collateral.

It is important: Experts do not advise taking out a loan for the development of entrepreneurial activity for those who are just starting their journey and have not thoroughly studied all the mechanisms for progressing and maintaining a business afloat. Incorrect management of funds threatens to turn into a “debt hole” from which it will be problematic to get out and then the question “Where will I get the money from?” will become even more relevant.

Successful loan approval is possible if:

1. The borrower provides a detailed business plan that will “work”;
2. A certificate of income has been provided;
3. The aspiring businessman has no loans and has a positive credit history;
4. The loan amount is equal to the value of the real estate or car pledged as collateral.

Bank specialists also take into account your monthly income, expenses, marital status, presence of children and many other factors.

Most banks help develop a business in the early stages. Sberbank has a “Business Start” program, in which aspiring entrepreneurs are provided with all kinds of support and are provided with a course “The Basics of Entrepreneurship” to study. The loan terms are as follows:

1. A loan of up to seven million rubles to start a business;
2. Loan term – up to 5 years;
3. The opportunity to open your own business using a business plan created by one of the bank’s partners or using the system;
4. Advisory support at the stage of starting your business.

To get a loan from Sberbank, you need to do the following:

• Contact the branch and select the “Business Start” product;
• Carefully study the course “The Basics of Entrepreneurship”;
• Obtain approval of the business plan;
• Register your activities with the relevant authorities (open an individual entrepreneur or LLC);
• Familiarize yourself with the package of necessary documents, prepare them and submit them to the bank branch;
• Make a down payment amount of at least 40% of the total cost of the loan to the bank account.

If you are denied a loan, do not be upset; contact the entrepreneurship development center or credit cooperative. Such organizations support beginning businessmen, allocating funds to them on favorable terms, providing them with information and analytical materials, and consultations from leading experts in the country and regions.

Advantages of contacting such organizations:

1. Minimum terms for reviewing loan applications;
2. Minimum package of documents;
3. Loan repayment on the borrower's terms;
4. No commission fees;
5. Insurance of savings, high interest rates on them.

Attracting a private investor

You can take money to start a business from a private investor. To do this, you need to write down the addresses of large companies in your city, find out the owners of the companies, find their phone number, call and offer your ideas. Usually these are managers of small and medium-sized businesses who have more than one enterprise. It is important for such people that money works for them, so if your proposal seems profitable to them, they will easily take up its implementation. Advantages of cooperation with private investors:

1. Possibility of receiving funds without collateral or guarantors;
2. Increased chances of success because the investor has the opportunity to deeply study your proposal. You are required to have a thoroughly thought-out and working business plan, for the preparation of which you can use the services of specialists;
3. Opportunity to receive practical advice from an experienced businessman.

Having agreed on an investment, discuss with the investor the method of partnership. You can pay a certain percentage of your income, or he will have a share in your business. The second option is not the best, as it directly affects the freedom of your actions.

Loan from friends or relatives

You can borrow money to develop a small business from your relatives or friends. It all depends on what kind of relationship you are in with them. Your parents, siblings or cousins ​​can lend you the required amount without charging you interest, which is very convenient. The main thing you must do is calculate all the risks. If for some reason the start of the business fails, you will be forced to return everything and this is a mandatory condition. Otherwise, relationships with people will be ruined.

So that friends, acquaintances or relatives do not worry about the safety of their money, it is better to formalize the transaction legally. Take care in advance about how to properly present the idea of ​​your business so that no one has any doubts about the need to invest. Promise to return the money in a larger amount or give a gift if everything goes well.

Where can you get money when you don't have it? (video)

How to take money from the state for business?

You can take money for a business from scratch from the state using the program to support beginning entrepreneurs. To do this, you need to contact the employment center of your locality. A prerequisite for applying is that you must have unemployed status. If you haven’t worked at all yet, you need to get a job, get a certain amount of experience and quit. According to current legislation, the following categories of citizens cannot be recognized as unemployed:

1. Full-time students;
2. Citizens under sixteen years of age;
3. Pensioners;
4. Disabled people from non-working groups;
5. LLC founders or “active” entrepreneurs;
6. Persons who were imprisoned for crimes committed or were engaged in correctional labor.

People who plan to engage in real estate transactions, financial activities, production of alcoholic beverages and cigarettes, rental of equipment, rental of household products cannot take money to start a business.

You can receive the required amount from the employment center by providing the following documents:

1. Diploma;
2. Passport;
3. Insurance certificate;
4. Work book;
5. Certificate of income from previous place of work.

When you arrive at the employment center, go to the appropriate office, informing the specialist of your intention to participate in the small business support program. You will be given a form to fill out, as well as a form where you need to display your business plan. After visiting the central bank, go to a Sberbank branch and open a current account. Funds will be transferred to it in the future.

Preparation of a business plan with its subsequent defense

To get money to open a business, you need to submit a business plan to the Central Planning Office, filling out all the fields of the form. You will be invited to an office where you will need to make a presentation to members of the commission, carefully explaining and justifying every word and decision. Sample questions that may be asked are “Which tax system do you plan to choose”? or “How do you want to stand out from your competitors?” and so on.

If the business plan is approved

If a positive decision is made on your idea, all that remains is to register your activity (open an individual entrepreneur or LLC). This can be done either independently or using the services of companies specializing in this. Upon completion of all actions, do not forget to take the documents received from the federal tax service to the employment center and after a few days they will transfer funds to you, the amount of which must be clarified in advance.

Three months after the start of your business activity, you will have to return to the employment center once again to report on the expenditure of borrowed funds. All expenses must be documented: attach statements, sales receipts and other documents.

If you want to borrow money for a business from the state free of charge, you must carry out business activities for at least 12 months, taking into account the fact that they can come to you with an inspection at any time.

Looking for money for business? Remember that sooner or later, if they are not from your personal piggy bank, you will have to give them away or pay out profits on a stable and regular basis. Before you get money to start a business, you need to calculate all the pros and cons and identify the most suitable methods for yourself.

Having your own business, working for yourself, developing your own direction is always fun, a little difficult, but few people, having tried this direction once, return back to companies managed by other people. Today we’re going to talk about where you can actually get large and small amounts, and what methods are good for your future site.

Money for business

Opening your own business and finding money for business is a noble endeavor, a little risky, but it can also be a good investment in the future, because, firstly, everyone remembers the saying about risk and champagne, and secondly, sometimes there comes a time when you You understand that you are ready to work exclusively for yourself, and not for your uncle, and you are inspired by the profit indicator exclusively on your sheet, and not by the general reports of companies. Along with the development of the idea, a completely logical question arises: how to get money for a business and at the same time:

• Minimize risks;
• Receive the due amount;
• Spend them rationally;
• Quickly find the amount you need.

In order to minimize the risks of going broke, I recommend drawing up a detailed business plan in advance, regardless of what and how many sources of investment you will use.

How to start a business from scratch without money

Money for business is not as fantastic a concept as it might seem at first glance, and the development of the market, partial support from the state, coming out of the shadows of many areas contributes to what you can try. All that remains is to find the starting capital. If you only have an idea and nothing else, then it’s time, taking advantage of successful global experience, to discover crowdfunding and collect funds from potential investors on specialized platforms.

You yourself specify in advance what method and procedure for paying dividends you will offer. I can’t say that I’m directly convinced that it’s realistic in our country to launch your own business solely on one idea (at a minimum, you need to make connections), but over time, I hope this will become a reality. Therefore, if you are confident in your idea, its competition in the modern market with others, have calculated in advance the difficulties of entering the market and planned your activities - look and you will find a way out where to get money. And I’ll talk about the most popular methods below.

Own savings

If you are inclined to save, then together with purchasing a new car or expanding your living space, you can try to invest in your own business, and thus participate in long-term, but in fact, more effective investments. Speaking about the main advantages of this method of receiving money for business development, I will highlight:

• You coordinate your expenses yourself and don’t have to report financially to anyone;
• You risk only your own money, which means you sleep more soundly and in case of loss you will blame only yourself;
• You make more informed decisions.

There is only one thing left, at least now, make savings and earn a million, so that after some time it turns into the main money for the business.

If time permits, your main area of ​​employment allows, then I recommend developing your business in parallel with other employment and not giving up a stable income at the time of starting.

Sometimes there is no other solution but to take money for a business on a credit basis. Of course, interest, and the very fact that the loan must be repaid put a little psychological pressure on the entrepreneur, but sometimes this is the only opportunity to get the missing, or even the entire amount of starting capital. Today, such services are characterized by a number of aspects, including:

• State and private banks issue business loans;
• Different interest rates and conditions;
• Various collateral: from real estate to the actual business itself.

As a rule, money is issued in rubles, and I recommend that if there is an option to choose the time of work, stop at 3-5 years - the average payback period of the project.

You can consider not only a classic loan, but also leasing. In fact, if you need to borrow money for a business up to 10,000,000, then in most cases it is the bank that will help you out.

Open a business with friends

On the one hand, it’s a great idea, because you trust these people, including financially. On the other hand, if you want to lose a friend, then you should lend him money or open a business with him. Of course, this rule is not relevant for everyone, but often such situations occur. If you are positive and that you will be able to make business decisions together, or each of the participants will receive their own separate direction in the development of the company, then it’s time to think about where to invest rubles for both you and your friends.

Borrow from relatives

If you still don’t know how to save money and haven’t been able to save up start-up capital to launch your business, you can call your relatives, remind them of yourself, invite them to Sunday lunch and casually ask for money. The development of the further situation can be presented as follows:

1. You’ll get the money, over time you’ll pay off the debt, and everything will be cool;
2. You get the money, the business doesn’t work, if you don’t give the money back, you’ll lose your relatives;
3. You will not give away money, but will constantly pay dividends from profits.

I am still not very inclined to work with close people, especially relatives, since close family ties leave an imprint on the psychological background and do not always have a favorable effect on future relationships.

Find investors

A modern way to get money for a business, which is one of the most common in our country. Here you can pay attention to domestic investors, as well as international ones, the number of which is increasing every year due to the creation of loyal investment climate conditions. Pros :

1. Independent relationships;
2. Clarity of planning;
3. If giant investors respond to your business proposal, it's a good sign that you've chosen the right concept.

Minuses :

• As with any other case, there is a risk that things won't work out;
• Sometimes too much time is spent searching for investors.

Where to find investors willing to give money for business? There are special online platforms for this, and in addition, competitions and open start-up festivals are often organized to find financial help for your business.

Business angels

People with extensive experience in business will not only help you choose the most effective direction for your business, but in some cases they can also become your first, or even your main investors.

For a new entrepreneur, this practice is very important, because in addition to solid practical advice, you can also get the necessary psychological support from people who have already experienced this, albeit several years ago.

Government subsidy

If you are still concerned about where to get money for a business from scratch, you can pay attention to government support offers (although let’s be honest, they are not always so attractive that you want to use them). Every year new preferential conditions appear to help you start your own business, including:

• Grants;
• Discounts on loans;
• Loyal leasing conditions in state banks;
• Information support and financial subsidies for businesses, which are opened by the unemployed and newcomers to entrepreneurship.

Basically, they offer preferential terms for the return of loan funds, a series of master classes from experts, but in order to become a participant in such a program and collect all the necessary information, you can waste a lot of time aimlessly.

Launching a related business

This option is beneficial for you, or, for example, your friends who want to invest money at interest. The main advantage of organizing such a platform is that the experience gained from the first one is quite positive, since the business is still functioning. Speaking about the most typical ways to open a related business, we can highlight:

1. Sale of related products (for example, you have a flower shop, and in it you install a display case with soft toys and postcards);
2. You have a transport company and you buy a mobile refrigerator to provide transport services;
3. You are a mother on maternity leave and are launching an online store of children's items and gradually adding consignment items to the site.

A fairly correct approach is to gradually expand your business, which allows you, with the knowledge you have already acquired of the market, to return the invested funds less spontaneously and significantly increase your turnover, reducing risks, including due to the fact that on the same site funds work in different areas of diversification.

Today there are many platforms that allow you to present your idea not only for general analysis, but also for potential investors to support you. As a rule, they do this with the expectation of making further profits, although it is possible that wealthy business sharks simply want to support you for free.

As a rule, they invest in fiat money, but sometimes you can also count on investing in cryptocurrency. For each project on the sites there is a certain time for collecting funds, and if the amount for it is not collected, the project is automatically excluded from the site.

What business to invest in

The answer to this question is quite complex and requires preliminary detailed monitoring of all factors that are currently present on the market, including:

• Competition;
• Starting amount for entry;
• Average payback period;
• Risks;
• How important is personal presence?
• Sources of investment or start-up capital, and under what conditions;
• Launch dates.

Of course, the direction of the business itself is a key aspect, and not always a very original idea will be appreciated, or there are often cases when launching an ordinary small grocery store in a high-rise area is much more profitable than launching a private guarded parking lot in the office center of the city. Here it is important to guess the idea, and not to delay with the deadlines, and to calculate everything and find money for the business.

Starting your own business is a complex process and requires time, patience, and very rarely brings the founder to the crest of a financial wave almost immediately. However, those who want to work and know how to calculate and plan everything in advance, look for basic and additional ways of income, loyally and competently expand the range of goods or services, have a high chance of saving capital, as well as earning money for an apartment. When looking for money, evaluate when it needs to be repaid, in what currency you take out debt for your business, and the inflation rate. Traditionally, I wish you that the money for your business will be successful, and that your business will progress, bringing emotional and financial pleasure.

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