Which Type of Financing is the Best Fit for You?

She Means Profit - A podcast by Melissa Houston - Mondays

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“Raising capital can be a critical component of your success. So, with the right financial strategy, you can take your business to the next level.”—Melissa HoustonThis is why starting or expanding a business can be daunting and overwhelming. It’s hard to answer the question ‘Where do we get our funding?’Anyone could easily get confused—scared even—when raising capital for their businesses. And the thing is, it’s such a crucial component as no business would be able to start operating without enough capital.Fret not!In this episode, I’ll walk you through the different options that are available to you to help you make informed decisions when raising money for your business. You don’t have to worry about securing your capital. You just have to scrutinize which one fits your business.Listen to learn:‌Your funding options when raising capital for your businessBootstrapping and its pros and consWhat crowdfunding isWhat angel investing meansBank loans as a traditional method of securing fundsWhy venture capital is a hot topicHighlights:‌02:03  Some life updates05:11  Why bootstrapping is my favorite07:04  Crowdfunding and its pros and cons09:27  What is angel investing?10:57  Bank loans as a traditional method of funding12:07  Don’t make this big mistake!12:25  Why venture capital is a hot topicLinks:‌ ‌  Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessCash Confident Framework™️ CourseMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:IG: @melissahoustoncpaLinkedIn: @melissahoustoncpa