Business Coach | Entrepreneurship | Business Solutions
- 1-888-618-2249
- contact@visiontobiz.com
- 513 E Rich St. Columbus, Ohio - 43215
- Mon-Fri : 9:00AM - 6:00PM
Business Talk
1-888-618-2249
Working Hours
Mon -Fri: 9:00 AM - 6:00 PM
Sat & Sun: Closed
E Mail Address
contact@visiontobiz.com
Business Funding
Business Funding
Business Funding
Unlock the potential of your Business with a streamlined business funding solution. Vision To Business can connect you with the perfect opportunities that align with your goals and drive your success. Let us be your guiding light in navigating the vast landscape of business possibilities.
Together, we can pave the way to new horizons and transform your business aspirations into reality.
Self-Funding
Some entrepreneurs may be able to fund their businesses themselves. They utilize savings or personal debt (such as a second mortgage or credit cards). Alternatively, they sell assets to generate cash for the business. Self-financing allows you to get funds when other methods simply aren’t an option.
Partners
Taking on a partner can be a source of funding. The partner may or may not become an employee of the business. Strategic partners can be beneficial to the business by aligning or exchanging resources. For example, a property management company might make an investment in a cleaning company because it could eventually pass work to the cleaning group.
Crowdfunding
This allows entrepreneurs to raise money for their business, typically through a platform specializing in online campaigns. You can provide your donors with incentives, such as free products. You can design the campaign to fit your needs and budget.
Angel Investors
Typically these individuals are high-net-worth and willing to invest in startup businesses, typically in exchange for company ownership equity. Increasingly, angel investors are forming investment groups to spread risk. Search online for local angels or talk to your chamber of commerce. Your local chamber may know who is interested in funding new ventures and ideas in your area.
SBA Loans
The Small Business Administration offers several loan programs, but in general, these loans require a guarantee that the loan will be repaid. Some of these loans are catered specifically for startup funding. Applying for an SBA loan requires patience. Having a strong business plan is a necessity.
Friends And Family
Obviously, friends and family can provide either equity or debt funding. While this may initially seem like a good source, be careful about selling part of your business to this group. Unfortunately, businesses fail. Be sure that your investors know the true risks and mission of the business.
Grants
A small business grant is money given to startups and other businesses to help them get off the ground and grow. Grants are offered by a range of entities, including state and local governments, the federal government and corporate organizations. Unlike other startup financing methods like loans and credit cards, grants don’t require repayment, and business owners aren’t charged fees or interest. The competition is high, but if you can secure a grant, it’s totally free money to invest in your business venture.
Venture Capital
These firms provide early-stage funding, but are typically seeking to make relatively large investments in high- growth companies and take a significant share of the company -- often a controlling interest or a seat on the board of directors of any company they’re financing.
Small Business Lenders
Many organizations are interested in lending to small businesses. To seek results, try Googling "small business loans". Be mindful of the interest rate terms, repayment terms, hidden fees, and flexibility.
Banks
Traditional lending can be obtained from banks to fund small businesses. However, they typically require a track record and will often want the loans secured with assets. Because startups generally have limited financial records and credit history, it can be more difficult to qualify for a business startup loan. In most cases, lenders will rely primarily on the borrower’s personal creditworthiness.
Let's Turn Your Vision Into A Business
"Pushing Your Vision Into Reality"
Vision To Business focuses on serving the comprehensive needs of small businesses in the full range of their business cycle by providing quality services.
Find the package fit for your Business
Interested in a free 30-minute business consultation? Book a consultation
Entrepreneur
- Business Consultation
- Business Analytics
- Bookkeeping Overview
Elite Business
- Business Consultation
- Business Analytics
- Bookkeeping Overview
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