ER
IT IS undeniable that capital is one of the important components in business. At the start of your business you need it to start, bring in customers. When it’s running, you need it for business development.
But in today’s era, you don’t need to worry because there are many alternative ways to bring in capital. So don’t have no capital, so your reason is not to start a culinary business.
Here are some ways you can practice:
1. Find Investors from Acquaintances (Angel Investors)
Prepare a compelling and clear business proposal. List the people who could potentially be your initial investors. Be brave and practice to present and tell the potential and your business plan. Look for investors who understand your vision. Don’t forget to always emphasize that all businesses and the business world have risk factors. So don’t be good to be true!
2. Join the Competition
In an era like today there is often a lot of competition in the business world. Follow and try your best to win. You can use the prize from this competition as business capital. Then make a good financial plan so that there are profits that can be rotated for business development.
3. Crowdfunding
That is a way to get capital, just like number 1 but to many people. Currently, there are quite a number of agencies that also cover crowdfunding activities. Make sure the agency/organization you are using has been verified by the Financial Services Authority.
4. Profit Sharing with Landlord
One of the constraints on capital is often from the place of view. However, there is a cooperation system that you can try to eliminate the initial capital for this place by proposing a profit sharing system with Landlord. This will lighten the Capex (initial capital) of your business so that at least your business can run first and collect profits while walking.
Whatever capital search path you are looking for, make sure you have studied it in detail first. You have integrated it with your business plan. This is especially true if you will be bringing in new parties to your business over the long term (such as investors). [sources/photo traveltext.id]
