Small Business Finance
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Small Business Finance

When you're thinking about how to raise money, one of the first things you should consider is bootstrap financing

Cutting Edge eLearning Solutions
Updated Oct 07, 2020

Bootstrap financing--using your own money to get your business off the ground. This is one of the most popular forms of internal funding because it relies on your ability to utilize all your company's resources to free additional capital to launch a venture, meet operational needs or expand your business.

Bootstrap financing is probably one of the best and most inexpensive routes an entrepreneur can explore when raising capital. It utilizes unused opportunities that can be found within your own company by simply managing your finances better. Bootstrap financing is a way to pull yourself up without the help of others. You are the one financing your growth by your current earnings and assets.