Do you want to build your own company and are you wondering how you can manage this plan financially? Find out more about the various options for start-up financing here.
The possibilities of start-up financing
If founders often have to deal with one problem, it is funding. Many know the difficulties of finding an investor or convincing banks of their own business plan. However, not all of them go the classic route of loan inquiries. In order to support you on your way to becoming a financing partner, we have therefore summarized the most common start-up financing options for you.
As already mentioned, a loan from a financial institution is the classic way to get start-up financing. To get one from the bank, you need a good idea as well as a smart business plan. On the other hand, anyone who does not make any statements to the bank about the company’s likely chances usually has bad cards for support.
If the bank denies you financial help, you can also get support from family, friends, acquaintances or business partners. Since inconsistencies can often arise in retrospect, it is advisable to draw up loan agreements that contain all the necessary conditions.
Any interest can often even be deducted from tax as business expenses.
If you don’t want to build a company but want to buy it, you can also benefit from a loan from the seller. If the seller agrees to a subordinated loan, this form of loan can even be valued as equity. This means that in the event of bankruptcy, the seller will only get the debt replaced after all other creditors.
Another option for external funding is grants. This form of start-up financing is awarded by the federal, state and local governments. But the European Union also has numerous funding programs.
In contrast to a bank loan, this money does not earn interest, nor does it have to be repaid. Because of this, the requests for such grants are correspondingly high, which makes it not so easy to receive this grant.
Finally, there is equity capital. There are external investors who provide you with capital without collateral from you. There are two options, silent and open participation. In the case of a silent partnership, the partner must make a contribution. However, he does not receive any shares or a share in the assets, but he is paid a percentage of the profit. Open investments, on the other hand, allow the investor to act as a partner. This also means that he must be involved in all rights and obligations.
Would you like to receive more information on financial topics or ask your questions to a real expert? Then use our financing advice service right away. You can find more about this here .
Setting up with Projektify
Do you want to set up yourself or acquire an existing company? You are at the right place at Projektify with this concern! As a free platform for buying and selling web projects, our association offers you support in precisely this area. Please have a look at ours for more details Show !
But even if you want to sell an existing web project, we can support you. With us you can create a sales offer for free. To do this, just click here .
We are also happy to advise you with our regular blog articles on various topics relating to online business and the management of web projects. We focus particularly on the topics Part-time self-employment , insolvency and Corporate succession . So feel free to read through our other articles.
Did you like this post? Then support Projektify eV and its members with a voluntary donation or simply by clicking on one of the banners of our advertising partners. Many Thanks!
We offer guest articles and sponsored postsYou have your own, interesting thoughts around the theme world of the blog and would like to share them in a guest article on my blog? - But gladly! You can thereby address customers and professionals.
Gendernote: I have used the masculine form for ease of reading. Therefore, unless an explicit distinction is made, it always refers to women, diverse as well as men, and people of all origins and nations. Read more
Spelling: I translated my German Blog to English - so you can also read my Recommendations. Please be sorry if this English is not so good.
Image-Source Titlepicture: Fotolia.de 2016 – buyed License