How To Get Funding For Your Small Business

Here's three ways you can get funding for your small business:

How to get funding

It's best to feed small businesses as soon as they get hungry. Source: Supplied

Small businesses can be financially draining in all stages of life, but it's particularly expensive when starting out. It can be tough to get start up capital for your idea.

Friends and Families

Friends and family are a huge source of start up capital for small businesses. Friends and family don't often expect a return on investment.

Crowd Funding

Crowdfunding appeals to a wider audience, and has seen great successes (provided you can provide what you offer). It's a funding platform whereby you can pitch an idea online and friends, family and strangers can invest in it.

Angel Investors

Angel investors are affluent individuals or enterprises that are willing to invest in a company. They may expect a return on capital, or a role in the creation of the product. Angel investors often keep track of the progress and can contribute ideas throughout the entire process.

Want to find out the secret to small business success? Tune into #BizSecretsSBS at Sundays 5pm on SBS, stream on SBS Demand, or follow us on Facebook, Twitter or Instagram.





Share
Follow Small Business Secrets
Sharing business secrets of inspiring entrepreneurs & tips on starting up in Australia's diverse small business sector. Read more about Small Business Secrets
Have a story or comment? Contact Us

Sharing business secrets of inspiring entrepreneurs & tips on starting up in Australia's diverse small business sector.
Watch nowOn Demand
Follow Small Business Secrets
1 min read

Published

Updated

By Small Business Secrets
Source: SBS Small Business Secrets, Small Business Secrets

Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world