Funding The Business
Funding Note that this only applies to the initial service phase of the business. There is no consideration here of a possible future step of transitioning this service line into a product. This is a technology secret. When it comes to business finance, I am still a novice on the subject, although a bit more knowledgeable on the subject now. I think even a seasoned business finance professional may be challenged with funding what I am planning. As for the friends and family option I do not believe in mixing these relationships and business unless there is a true shared passion for the endeavor. And even still proceed with caution and an understanding that business is business and risk is risky, but friends and family, hopefully, will remain forever. Now you might understand the problem, as I see it, with friends and family as a source of business startup funding. Now other options are possible but will be an artful maneuvering of strategic fragility. But don’t tell