The amount of money that it takes to finance the startup costs of a business is jaw dropping. It can depreciate your budget overnight and unless you have access to financing options, it’s going to put you in considerable debt. Small businesses have to use new, cool ways to finance their startup or they won’t be able to survive in today’s competitive economy.
1 – Integrate consultancy services
If your product or service takes a considerable investment in order to get going, why not integrate consultancy services into your offerings? Being a consultant is cost free. It takes very little investment to offer this to your customers and consultants have enormous value. If you are in an industry where consulting services are greatly needed, there is a lot of profit that could be made. You could use this revenue to finance your startup. This allows you to get going with your business, without having to commit to a loan and put yourself in debt.
To read the full, original article click on this link: 5 New Cool Ways to Finance Your Startup
