Finding Funds

article-401kSeek all alternatives to financing your own business. Beyond your personal assets of savings accounts, stocks or home equity credit lines, many new business owners tap Small Business Loans, personal loans from friends & family and leveraging their 401K savings without penalty through Roll Over Business Start Up (ROBS).

Consider finding a business partner who shares your business interest or angel investors who will have silent role in the business who will provide early funding for equity. Create a financial analysis of all assets you have and the additional sources you will need to find. NPN has tools to help you analyze the financial P&L of an existing business as well as business planning tools for starting your own business or buying a franchise.

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