How to increase funds for startups
With constant efforts made by Prime Minister Mr. Narendra Modi led BJP Government
in startups and entrepreneurship through 'Make In India' campaign across the
India, we are witnessing great boom in the startup ecosystem, entrepreneurship
is rising in India with a constant growth.
Every startup faces obstacles during the initial startup time,
like Market problems, Business Model Failure, Poor Management Team, Limitation
of finance. Hence, Good strategies should be made before facing those
obstacles. With good strategy you can come out as a winner.
There are various Government policies which can create obstacles
for startups. Hence, understanding dynamics of markets and government
policies is very essential. The main focus for any startup should be raising
the funds for their startups.
Raise in funds is the most important aspects for any startups.
funds for startups comes from the following:
1. Angle Investors
Angle Investors are usually are family members, friend, they
provide small initial funding for startups.
Most of the successful startups had financial support from angel
investors. Once you startups starts accelerating, multiple investors will start
getting interested in your business.
2. Venture Capitalists
Venture capitalists usually invests in a startup when it has
lifted up from the initial stage.
If venture capitalists are convinced with the business model of
your business, and they steady growth in your business. They can invest huge
amount of money in your business.
Venture Capitalists have vast knowledge of industries, they mostly
invest in small business with expectations of high returns.
3. Incubators & Accelerators
For startups, incubators & accelerators provide great ways to
grow their businesses.
Incubators & Accelerators assist hundreds of startup
businesses, giving a platform to make good connections with mentors, investors
and other fellow startups. Incubators nurture the business, providing shelter
tools and training and network to a business.
Incubators & Accelerators provide office space, networking
opportunities, basics business services, professional services, strategic
consulting, management coaching, branding, design.
4. Family & Friends
It is the most reliable and least troublesome source of financing.
If friends and family can provide cash for startup. This source of financing
allows freedom of operation.
Follow Me on: https://twitter.com/mukeshmore834
Thanks for Reading
Comments
Post a Comment