One of the most frequent questions we are asked is “What’s the best way to fund my startup?” Startup funding doesn’t have to mean equity funding. There are other options – but all too often they don’t get a look in. So many founders automatically assume angel investment or Venture Capital funding are the only options open to them. To help counter this assumption, Hatty Fawcett, Focused For Business’ founder, was asked to prepare a Guide to Navigating Startup Funding for Real Business magazine.
In this down-to-earth guide, Hatty suggests the first question you should ask yourself is whether you actually need funding, or whether you could get your startup off the ground by bootstrapping the business with your own resources and by starting to sell quickly. Hatty goes onto talk about the importance of traction and to explore a wide range of funding options.
If you are looking for startup funding and wondering about your options, this guide is a good place to start.