#letsgetstarted

[kozukensgf]

i’m finally home!!! home sweet home!!! awayyy from uni!!!! do expect new texts coming in 😍😍 i need to restart my gears (in my brain) because it’s been so long since i last do texts 🥹

[fineprintsbyxenia]

Lost place ... 📍 Petchaburi, Thailand #lostplaces #thailand #travelsoutheastasia #backpackingadventures #exploretheglobe #explorethailand #differences #persepective #couchparty #adventuregirl #adventureinstead #livingthegoodlife #letsgetstarted #petchaburi (hier: เพรชบุรี, Petchaburi,Thailand) https://www.instagram.com/p/CfRsvB0P_6K/?igshid=NGJjMDIxMWI=

[plus-size-petal]

[tayylormclaren]

Financial Resources- Where Will I Get My Money?

Advertising makes my business money. I will use the $50 to invest my business for the advertisement part. I will pay my monthly fee for Canva. I will also be using Facebook, Instagram, Twitter, and Youtube to promote my business.

I will always put 100% in my Advertisement since it attracts customers to my business and increases my sales. When consumers see healthy and positive advertisements, they are more willing to buy and ready to choose my company.

I used the following information and experience from this course to start my home decor business and support breast cancer awareness. I choose to use the following sources for my business. I plan to use personal funds, financial support, and bank loans.

Personal Investment:

From this article, it states that starting a business, your first investor should be yourself. From doing it proves to investors and bankers that you have a long-term commitment to your project and are ready to take risks. I agree that I am ready to start taking risks. I will be creating two separate saving accounts. My first account will be if something goes wrong like my car breaks down. The one other saving is for my commitment home decor business.

Love money:

This is money loaned by a spouse, parents, family, or friends. Money that will be repaid later as your business profits increase.

I have borrowed money a few times in the past with a family or friend before. But when it comes to my business, I will not be using “love money”. If I were in a horrible financial state, I know they would be there to help me in a heart beat. I would pay them off when my business would be in a better place. But I would never use the money if they want to have equity in my business or ruin my relationship with them.

Venture Capital:

I understand a relationship with a venture capitalist could be highly beneficial for your company. But the kind of my business I’m running, my goals and my analyses so this is not a good source. I don’t want to leap in and ruin my business.

Disadvantages 

Not In Control-

This loss of control may turn out to be financially beneficial for me, or it may destroy my business if the right decisions aren’t made.

Lack of Discipline in Spending-

If I get an injection of capital, I may be tempted to make some quick decisions. This could include bonuses or extra purchases. I know the most critical key is budget skills, especially when my business is just starting.

Possible Parasites-

I never used this source before, so I would get my lawyer to look over it to understand the contract thoroughly.

Angles:

Angels tend to keep a low profile. They are often leaders in their own field who contribute their experience and network of contacts and their technical or management knowledge. From doing other research, I learn that you have to contact specialized associations or search websites on angels to meet them.

It is called "The National Angel Capital Organization (NACO)" is an umbrella organization that helps build Canadian angel investors' capacity.

Advantage: No-Debt Financing-

Angel investor funding is a much cheaper form. Angel funding does not require monthly payments on the capital and interest.

Advantage: Funding Range-

Angel investors usually invest in amounts from a few hundred thousand dollars up to $2 million, providing most of a company's needed start-up capital.

Advantage: Business Acumen-

Angel investors, however, do expect entrepreneurs to handle the daily operations of a business.

Although sometimes seen as a better solution than venture capital funding for some businesses, working with an angel investor also has disadvantages.

Disadvantage: Control-

As one of the few investors in a start-up, angel investors may take a significant part in decision making.

I understand that angel investors may provide the necessary guidance, but others may make demands my business control that I might find excessive. I will not be using this source since too much involvement are inflame when an angel investor does not have industry experience.

Government grants and subsidies:

Canadian Small Business Financing Program (CSBFP)-

Canadian Small Business Financing Program (CSBFP) is another source of revenue.The Canadian Small Business Financing Program is developed by the government of Canada and is offered through banks. It's a program designed to help small businesses and start-ups gain the financing they need when they cannot access it through traditional means.

I understand that the financing option I choose will impact my business's success, and I firmly believe this source doesn't affect. I wouldn't say I like this source because, on average, it can take between 30 to 90 days to receive your funding. Also, approval can go beyond that if more information is required. My credit score is fantastic, so why wait even longer. Getting a bank loan is less complicated.

A Business Line of Credit-

A business line of credit is a revolving loan that comes in two forms: secured and unsecured.

I will be using a business line of credit to start-up my home decor business. I choose this finance source because I have a great credit score, so this won’t be an issue to get. I also love that this course works a lot like a credit card but with better features. A Business lines of credit typically have lower interest rates and higher credit limits. I choose this because I can typically finance my short-term business needs like day-to-day operations such as paying for suppliers or to help with cash flow problems.

[glorycycles]

F10 Disk Ultegra Di2 Enve 3.4 $8590 #letsgetstarted #pinarello #pinarellodogmaf10 #rideenve #baaw #pinarello #rideshimano #envecomposites https://www.instagram.com/p/ByrFbgGnSp5/?igshid=1ti4x1s7mp67n

[quiqua-g]

Lazy morning start

[myyogatogo]

It never goes over all that well, but I still feel there’s some truth to the comment that I make every year to my wife in mid-February, “Every day is Valentine’s Day when you’re truly in love with someone.” It seems to me that doing loving things on a daily basis, even such simple things as making breakfast for someone, is more important than an annual box of chocolates or a dozen red roses. So when I was reminded that yesterday was International Yoga Day, my first thought was “Every day is yoga day.” I have been in love with the practice of yoga for the past 23 years, and hardly a day goes by when I don’t bow with reverence to its mysterious graces.

My Yoga To Go

[jonroniger-goodfornothinband]

Head and Shoulders below the rest!! That’s where yoga can take you....www.myyogatogo.com. Let us help you get there. #Yoga #MyYogaToGo #YogaAnywhere #YogaAnytime #YogaForEveryBody #LetsGetStarted #FeelBetter #Health (at New Orleans, Louisiana)