Funding a New Business For Dummies (For Dummies: Traveling Made Easy)

Funding a New Business For Dummies (For Dummies: Traveling Made Easy)

Published: 4/2/2024
4.24 reviews
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Summary

Guides aspiring entrepreneurs through securing funding for new ventures, covering various options from personal savings to crowdfunding and investor negotiations.

Description

Find the money to execute your brilliant business ideas Funding a New Business For Dummies drills down to the top question on the minds of entrepreneurs―where can you find the funds to launch your new business? Connecting the dots between your vision and the capital needed to make it happen can be one of the most challenging parts of entrepreneurship. This book helps you over that hurdle, giving you the essential information and advice you need to navigate the path from idea to execution of a business plan. Discover how to evaluate all the options available, from tapping into your own savings to traditional loans to newer options like crowdfunding. You'll also dive into finding and negotiating with investors, as well as managing your capital once it’s in hand. Start by visualizing business success, and then put in the work to make it happen, with the help of this no-nonsense Dummies guide. Get an intro to the world of small-business finance Assess your financing needs and take stock of your current assets Evaluate your options for loans, grands, and subsidies Learn to approach investors and pitch your business idea Anyone in the early days of launching a business will find a treasure trove of valuable information in Funding a New Business For Dummies . Read more

Level
Beginner to intermediate level, breaks down complex concepts, easy-to-understand language, good starting point for aspiring entrepreneurs.
Core Concepts
Assessing financing needs
understanding debt (loans)
equity (investors)
alternative financing (grants
crowdfunding)
importance of a business plan
evaluating financial risks.
Skills You'll Develop
Understanding funding options, financial planning for startups, investor relations, negotiation skills, financial management.
Relevance to Finance Areas
Entrepreneurial finance
small business finance
personal finance.
Real-World Application
Focuses heavily on real-world application, provides practical tips and step-by-step guides for finding and securing funding.