Small Biz Tip: Start Up Questions: Financial Resources

Posted by Cheryl Sowa on Friday, February 12, 2010


The Small Business tips today discuss various forms of financial resources.


  1. Your Pocket: If you want to start a business without taking out any loans, you can use your own money. It may be costly for you personally, but the benefits from your business could prove to be a good investment.
  2. Friends & Family: Ask those who are close to you for a loan or to invest in your business. It would be a simple way to receive financial resources without going through a bank or other institutions.
  3. Business Loan: A start up business loan from the bank or a lending institution is a way to receive the funds you need from a local institution. Find out more from your financial advisor or a local bank.
  4. Small Business Association: The SBA is available to help small businesses locally. Visit the SBA website for tips and locations in your area.


Daily Overview: Obtaining cash to maintain and grow your business is one of the most complex and important ideas for small businesses. Find out more information here.


We post these small business tips to our employee's Twitter account each day, Monday through Friday. This is a reposting of those tips.

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Cheryl Sowa

Cheryl Sowa is a Public Relations Coordinator for America’s Best Companies. She also writes daily for the Small Business Center. Cheryl graduated from the University of Illinois at Urbana-Champaign and obtained Bachelor degrees in English and Communications. Contact Cheryl

Tags: small business, start-up, finances, loan, sba, money, pockets

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