Download!Download Point responsive WP Theme for FREE!

So You Have a Great Business Idea, But Where’s Your Capital?

In order to build an empire, you must first start with two things: a great business idea, and capital to make it work. Both are not easy to come by; the latter more difficult than the other.


No matter how difficult it is, you need not give up just because you lack money to start your business. If you have enough determination, it’s easy to find the right investors to support you and your business. You can start by having confidence and preparing a great business proposal. Then, you can choose one of the following options.

  1. Acquaintances, friends, and family

Before you meet with the bank and strangers, you might want to use your own connections first. Meet with reliable people you know, and do not worry about putting both of you in an awkward position.

Think of it this way: if you have a business idea which has a high percentage rate of succeeding, letting someone close to partake in its success is the best thing that you can do for him or her. It’s a win-win situation.

Present your proposal professionally, and be entirely honest. You don’t want to begin your relationship as business partners with lies. Also, treat them as investors, and listen to what they have to say, too. If you’re turned down, don’t get angry or discouraged; just move on to the next one.

  1. Lenders and banks

The most practical option is for you to go to a lender or a bank. While they can offer higher interest rates, you can have them on great terms. However, the amount of money you can borrow will largely depend on your current assets. For example, car title loans in San Bernardino will have to take a look at the model, condition, and mileage of your car.

When you go to the lender or bank, make sure that you have prepared a success-proof business plan. When successful, you can get your capital and optimize your credit score. Moreover, it’ll help other investors see you as a real company owner.

  1. Crowdfunding

In recent years, crowdfunding has been extremely popular. When you’ve tried the previous two options, and still failed, then you can use this to your advantage. There are a lot of people from around the world who can be very supportive when presented with a brilliant idea. Thus, you can test just how much your business idea can capture the public with this option.

Before posting your proposal online, make sure that you have done your research and pick a reliable crowdfunding company. Look at the terms and rates. The last thing you want is having both your idea and fund taken away from you.

  1. Angel investors

Angel investors might be the most difficult option; however, they are not entirely impossible to get. There are some investment companies who are open to new business ideas. Usually, these are the companies that have set a clear goal for pitching new businesses.

To attract one of them, you need to have good marketing and PR. After all, they can invest in your business idea if they don’t know about it.


Getting funds for your business is not easy. It’s one of the first struggles you will have to face. It’s crucial that you choose your option correctly. The investors you choose can highly affect the way you will have to run your business later on.