You feel now is that right time to quit your job and start with your new business ideas. But reality bites you with the fact that you lack the funds. What would you do then? The good news is there are ways that can get you started with the funding. Why don't you take a look at the quick and easy steps below?
Save, Save, Save - Can you still postpone your desire for a soon business opening? If yes, give yourself atleast a year or two to save for enough budget to atleast for the start up costs. If saving is not your kind of game, consider using credits cards with zero interests.
Ask help from your family and friends - Borrowing money from your loved ones may not include much paperwork. More so, you will know right away whether your request will be approved or denied. The main disadvantage of doing this is you could be risking your personal relationship with your loved ones. Misunderstandings may arise when you fail to meet the deadlines or keep the terms set by your mom, dad, relative or friend.
Consider loans - Yes, banks are hard to convince for some help. Thus, look for firms that offer assistance to all types of business. These firms do not usually require presentation of a profitable business plan from borrowers as they are less stringent than banks.
Look for partner or investors - This is still possible at present time but the contracts which could be covering partnerships or arrangements with investors could be very tricky.