Business Structures
Bootstrapping - refers to the process of using only existing resources, such as personal savings, personal computing equipment, and garage space, to start and grow a company . Pros - you have 100% ownership of your business , control over direction of company Cons - slow growth, and survival is hard Crowdfunding - the practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the internet. Pros - fast way to raise finances without fees, investors can become loyal customers Cons - building interest for the project may take up significant resources, i f you don't reach your funding target, any finance will usually be returned to your investors and you will receive nothing Venture Capital Funding - is a sum of money investors commit for investment in early-stage companies. The investors who supply the fund with money are designated as limited partners...