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.
Bobbi Rebell, chief financial officer of Financial Wellness Strategies and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives the top four reasons people struggle financially.
Warren Buffett criticized how regulators and lawmakers have handled recent bank failures and noted that the ongoing debt ceiling showdown will sow even more chaos.
Wall Street drifted to a mixed close ahead of a week full of reports on some of the market’s biggest worries, including how stubbornly high inflation remains across the economy.
