4. Finance for start-ups

Money is necessary for starting your business and to keep it going until your customers pay you. You will need to cover your personal expenses until the business can support you.

There are many different funding options for start-ups including:

• personal savings
• money from family and friends
• bank loans
• grants and equity funding from private investors

Creative thinking and planning your cashflow might save you money and make it less costly than you may think to start your own business.