[TEN WAYS TO FINANCE YOUR OWN BUSINESS]

Ten ways to finance your own business

2

Ten Tips

To Get

Your

Business

Rolling!

Ten ways to finance your own business

3

Top 10 Ways to Finance a Solo

Business

By Joe Sena,

1. Moonlighting

Ease into a solo venture by conducting business during off-time hours from your job. This lets

you "try on" the business and see if it's fun and profitable. Moonlighting also lets you develop

skills without as much financial pressure. There are many ways in to doing this. At the end of

the article youll see a way on how to start an easy online based busines for capitalization.

2. Part-time

As a bigger step, consider cutting back your full-time job to part-time. This gives you freedom

while covering basic living expenses. Make sure you consider alternate coverage for any

insurance or other benefits you would lose.

3. Jump-start

Become an independent contractor and convert your current employer into a client. The

company saves money on benefits, and you get an automatic base for your new business. Be

careful about plans to entice clients or customers away from your employer. This can cause ill-

will or even legal problems.

4. Two-fer, or piggyback

Let the salary of an employed spouse or partner cover living expenses. Or move in with family

or roommates to cut costs. Keep in mind, however, that this can put stress on a relationship.

Setting a cut-off date can help lessen tension and set realistic boundaries.

5. Squirrel approach

Create a stockpile of money while working at another job, the way a squirrel saves acorns.

Using this conservative approach gives you freedom and plentiful resources when you're ready

to launch.

Ten ways to finance your own business

4

6. Found money

If you receive an unexpected windfall -- lottery, inheritance, stock, etc. -- spend it wisely. These are

uncommon and unpredictable, but it can be just the ticket to get you started. Highly unlickley!!

7. Money pool

Instead of a bank loan, borrow smaller sums from several family members, friends, or colleagues.

The lenders have no legal ownership in the business, but can act as advisors and cheerleaders for

your venture. Since all investors will be paid interest, bookkeeping can be complex -- but your

financial goal has been realized.

8. Credit

While expensive and psychologically troubling, credit cards can be a way to finance a business. Use

them carefully. A less expensive option is to get a credit line extension to your bank checking

account.

9. Bank loan

This is the financing option many people think of first, but it can be the most difficult to acquire for

solo business newcomers with little credit history. If you apply, you'll face large amounts of

paperwork and scrutiny. If you own a home, consider a home equity loan, as they are more

flexible and easier to obtain than business loans.

10. Venture capitalists

If you have a sizzling business idea that needs heavy capitalization, consider this route. In

exchange for their investment, venture capitalists acquire partial ownership in the business,

generally through stock. This financing method is complex, and you should seek professional

advice before pursuing this path.

Many business owners use combinations of these financing methods. Don't be afraid to add a

creative interpretation to your own funding needs. Prospecting for financial support will also

clarify your business ideas -- to yourself and others -- which will make your company stronger in

the long run.

And remember YOU CAN DO IT

Best of luck!

Get your business started making Money from home! Find the easy way on how to do it!

Go to:

http://www.maverickmoneymakingtopsecrets.com Your wont regret it!!!!!!!!!