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Funding a business
What to do if You Don’t Have Business Funds?
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[QUOTE="King bell, post: 336897, member: 75687"] There are some steps one could take when you find yourself in a position where you lack money to keep your business running. To begin with, review how much you spend and identify areas where you can cut back on costs or reduce overheads for more liquidity. This way, some cash may be freed up. Secondly, alternative funding options such as small business loans, crowdfunding or partnering with or getting investor(s) assistance may be explored. In addition, it could also be useful to explore government grants or subsidies that are specific to your industry. Lastly, don’t hesitate to consult mentors or business support organizations for help and advice. Always remember that with proper planning and resourcefulness temporary financial setbacks can be overcome so that your firm survives through the hard times of recession. [/QUOTE]
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What to do if You Don’t Have Business Funds?
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