Raising Capital - your options for funding your Startup...
by Startacus Admin
Do forgive us if you feel the language used in this article is rather basic, however, most new self starters and startups can be forgiven for not appreciating or understanding where and how they can go about raising money to fund their start up. So, look at this as being our ‘beginners guide’ to finance and raising capital - and hopefully these nine financing options will help you out along the way....
No Cash
If I took you along to your local bookshop (that is if you still have one!) and went to the business section, I can pretty much guarantee that on the business shelves will be at least one book titled something along the lines of “How to Start a Business with no 
cash”. A pretty popular tome no doubt! Starting a business with £0 might be pretty tough and your business may have to be rather simple, however it is still possible to do. Many part time business ventures for example, will ‘get-by’ by using the resources, skills, knowledge and facilities that they already have at their disposal.
Your Own Cash
The next step up from this, is your own cash. Perhaps, if you are employed you can use part of your monthly wages, perhaps you can save and build up a pot, perhaps you have been made redundant and can use your redundancy pay to fund your new start. It’s all worth considering, particularly if your overheads and startup costs are not massive, and your business would not suffer by keeping to a mean budget.
Your friends and family
Better (you would hope) than borrowing from the banks; however this can be seen as a scary prospect nevertheless. Borrowing from your friends and family is great, as long as you can pay them back, and as long as they remain happy with the length of time it may take for you to refund them their loan. Some say ‘never mix business and pleasure’ and that can be said for family and friends too. However, this option obviously it has its’ advantages too - and you can be unnecessarily paranoid about these things.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Aiming to improve workflow and increase business productivity, Oroson is an SaaS platform that allows you and your team to manage all your content together, in one handy online place.
Time is ticking to apply to Rising Stars, Tech Nation's new competition to find the UK’s most ambitious early-stage tech startups.
The SaaS startup that helps you "create the buzz you need, for less"...
Why it is important for business leaders to review their inclusivity strategies and how this can benefit their business as a whole.
Applied - The recruitment platform that will help you hire fairer, faster, and retain hires for longer...
Branswer - The lowdown on the startup that will help you write content on brand, every time...
Using satellite imagery, combined with machine learning techniques, AgTech startup CropSafe are on a mission to accurately detect and predict impending diseases within farmers crops.
Hike is an SEO platform built for startups that allows you to optimise your site and content and aimed at saving 75% on annual SEO costs.
The Festival of Female Entrepreneurs, now in its seventh year, is aimed at supporting women to build and grow sustainable businesses.
UK Chancellor Philip Hammond chose his Conservative Party Conference speech to suggest that he wouldn’t wait for an international consensus on digital services taxation.
Published on: 22nd October 2012
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Oroson aims to be the content hub to rule them all 18th Oct 2018 Aiming to improve workflow and increase business productivity, Oroson is an SaaS platform that allows you and your team to manage all your content together, in one handy online place.
- Is your startup a rising star? 18th Oct 2018 Time is ticking to apply to Rising Stars, Tech Nation's new competition to find the UK’s most ambitious early-stage tech startups.
- Innovative Electrical Clip hangs on to win INVENT Awards 2018 12th Oct 2018 The INVENT Awards 2018 from Connect at Catalyst Inc, took place in Belfast’s Waterfront, during which Gray’s Clip was announced as the overall competition winner.
- Vegan food business The Brook tastes crowdfunding success 11th Oct 2018 Vegan food business The Brook funds 130% in their first three days of their equity crowdfunding campaign on Seedrs, with the funds raised to go towards launching a new home delivery service.
