It depends on the type, scale, business location, etc. of the selected project.
Entrepreneurship financing methods:
1. Bank loan. Bank loans are known as the "reservoir" for entrepreneurial financing and have a "mass base" among entrepreneurs. Credit loan refers to a loan issued by a bank based only on its trust in the borrower's creditworthiness. The borrower does not need to provide collateral to the bank. Guaranteed loans refer to loans issued with the credit of the guarantor as a guarantee.
Discount loan refers to a loan method in which the borrower applies for discount from the bank with unexpired bills to provide financing when the borrower is in urgent need of funds.
2. Venture capital. Venture capital is a high-risk, high-return investment in which venture capitalists invest in start-up companies in the form of equity participation. Venture capital prefers high-tech startups.
Remind venture capitalists that they pay more attention to the profit model of entrepreneurial companies and the entrepreneurs themselves.
3. Private capital. The investment operation procedures of private capital are relatively simple, the financing speed is fast, and the threshold is low.
Many private investors are reminded that when investing, both parties should put all issues on the table for discussion and express them clearly in writing. In addition, conducting research on private capital is a “required course” before financing.
4. Financial leasing. Financial leasing is a credit method with the direct purpose of financing. On the surface, it is borrowing something, but in fact it is borrowing capital, which is repaid in installments in the form of rent.
1. Entrepreneurship Methods
There is a little secret about starting a business, that is: starting a business is a very painful thing, and it will make entrepreneurs restless. The greater the entrepreneurial idea, the more lingering pain it will bring, keeping the entrepreneurial partner team awake at night. Only after the entrepreneurial idea gradually becomes clear and takes shape, the pain may be slightly alleviated. But the troubles that entrepreneurs have to bear, the sweat and even the tears they shed will not end there. In the painful process of starting a business, the entrepreneurial partner team should understand the following points in order to make the road to starting a business easier.
2. Life Planning
Entrepreneurs and their entrepreneurial partners should manage their personal finances and company finances separately. Before starting a business, make sure there are no problems in your personal life, otherwise it will be difficult for you to succeed. Entrepreneurs and their entrepreneurial partners can meet the company's operating capital needs through loans. Entrepreneurship is about living a better life, but life is not about starting a business better.