4 Ways to Secure Funding for Your Startup [Infographic]

Why do so many businesses fail? According to a recent Forbes article, at the surface level, they simply run out of cash. It’s easy to get things wrong when you’re starting out and the article points out that 8 out of every 10 businesses fail within the first 18 months. Other factors that can contribute to a collapse include poor customer service, poor management, and unclear knowledge of the marketplace. On the other hand, good money management seems to be key to weathering the storm of starting up. Anyone hoping to enter the entrepreneurial arena needs to first calculate how much cash they’ll need on hand, and how to generate more in order to keep the doors open, the bills paid and employees funded. In our infographic, we’ve covered some of the main sources of funding you can secure for your startup business.Read less