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How can intending entrepreneurs raise funds for their business ideas
Many young adults out there have the ideas, the skills but are yet to start their businesses due to funding opportunities. What ways do you think new enterprises can raise funds for their businesses?
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2 Replies
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One , can raise money from personal savings, family savings, family inheritance, it could also be from grant by federal government or from individual or group of individuals, non governmental organization.
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One big mistake people make is to wait for “big moneys” to start their businesses. There is nothing like enough money.Just start small and maximize your profit and slowly you will achieve your goals.
Personaly I hate Loans with passion.This is one reason why I capitalised on business in the give away ideas.$500 can translate into the next big thinks if well managed.
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