In order to start your own business, you need more than just passion...you need money! This Changes Things hosts Baker Machado and Hope King talk through a few different ways you can raise money to fund your dream business.
For starters, you can go to the bank and ask for a loan or credit card line of credit. You can also request a small business grant from the government. In addition, you could negotiate an advance on services from a client you know is already interested in your work.
However, if you want to do it a little more grassroots style many small businesses have had success on crowdfunding websites. Sign up for Kickstarter or GoFundMe to offer an incentive or product for donations.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
