You have to have money to make money, the saying goes. But how do you get that seed money for your greatest-of-its-kind unique business idea? Especially when you need a lot of it? Venture Capital!
Options for Financing a New Business
When you start a new business, you’re going to need cash for all kinds of things – physical space, furniture, equipment, office supplies, prototypes, and sooner than later, payroll. New business owners have a few options for raising capital:

Personal Savings:  Empty your own bank account or tap the equity in your home.
Loans:  Borrowing from banks or family members can get you started.
Bootstrapping: …read more

Check out the fourth installment in the Business Channel’s ongoing Apprentice-style challenge. We’ve been divided into two teams and tasked with helping the fictional apron and hat maker Kay with her new business. This time, we guide Kay though the incredible demand she has to meet during the holiday season. Read the ACES team advice at Project Management 411, and leave your suggestions for “Kay” as comments on the post!
Contents © Copyright 2007 Kristen King