By Shiv Nanda – Re-Blogged From Indian CEO
Every entrepreneur steps into business with a clear vision in mind. This vision is often fed and manipulated by managing and prioritizing the use of available financial resources.
The three main sources of funding for business are:
- Revenues from business operations,
- Investor finances such as owner’s, partner’s, or Angel/venture capital, and
- Loan from individuals, business loan or personal loan for businessmen from banks and financial institutions.
Each company has to go through various stages. That’s the business lifecycle. And each of these stages is unique. Therefore, each stage needs a different funding strategy.