Better soup na money kill am. A good business needs money to keep it going!

Money, money, money!

Is there anything money can't buy?

Don't tell me love or happiness.

When it comes to business, my fellow linkers, it is essential to generate funds to keep that business running.

The truth is, unless you're learning a skill (which still requires money at some point) you need money to stay in business.

You obviously can't run a business from one loan to another without repaying them.

And you'd often hear people say, "You need money to find money"

That's just the truth.

Putting that in mind,

Here are some effective ways to generate funds for your small business:

🔺Crowdfunding: If you have pride or you feel you can't ask for help, get ready to drop them here.

Because crowdfunding would have you soliciting help.

But the good thing is, you don't go empty-handed.

You make a list of people you think can contribute to your business and let them know you need help.

But they won't be giving you all the money because you already have part of it with you.

Here's what I mean.

Let's say you need a capital of 50k, you don't ask for it all.

You ask for 30k because you already have 20k on the ground and whatever they feel like adding to it, they add.

Remember, no one goes to the king empty-handed.

🔺Grants: Look for grants specific to your industry or location that can provide funding for your business.

But be careful not to get scammed.

Shine your eyes. 👀

🔺Angel Investors: Seek out angel investors who may be interested in investing in your business in exchange for equity.

See, don't be ashamed to present this offer to those you think can help.

You'd be surprised at the YES you receive.

Remember, a closed mouth is a closed destiny.

So linkers, I have played my part by presenting these strategies at your feet.

Go Implement.

One more thing, don't use all your business money (profits) to flex.

Any money that comes from the business should go back into it.

Build a system that allows you to invest the money you get while remaining accountable and prudent.

You hear?

Good!

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