Gsbt

You have to put a lot into a startup company, not just hard work and dedication, but also some of your money. A good rule of thumb is to never invest more than you can afford to lose. That means you need to know how much you have, how much you can invest,and how much you need to raise. Without a solid understanding of your finances you’re not prepared to start a company,and you probably won’t attract too many investors or lenders. When  you need to borrow money,the people you know best are usually the first people you could contact. Your family and friends will likely be your biggest supporters and thus,most likely to loan you the funds you need to get started. However, sometimes issues that involve money can put a strain on relationships, so be sure you are careful to consider all of the factors and to get everything down in writing. When it comes time to ask for money – whether it’s from a family member, a close friend,or an outside investor – you need to be prepared. Your busin...