Describe some ideas--or tests--that an entrepreneur can make when developing a request for and source of funding.
Many entrepreneurs, particularly those folks who want to start new ventures know they need to raise money but don't know how to develop a funding proposal or to locate a source of funding.© BrainMass Inc. brainmass.com October 1, 2020, 4:36 pm ad1c9bdddf
First the entrepreneur needs to get clear about why he or she wants the loan, what they'll use the funds for, and how they'll pay the loan back. Sources like banks will likely ask that the borrower pledge some assets to secure the loan.
There are several sources to consider when looking for start-up funds. ...
The solution lists and explains a number of sources for funds to develop a new venture. Included are some sources for further information to assist an entrepreneur.