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It’s said to be impossible to set up a business without start capital. But where can find it when you are young and have nothing but great business ideas and expectations? Well, there 5 ways you can get it:
1) get loan from your parents or other relatives
2) find a grant or any other kind of government financial support
3) look for an experienced and rich business partner
4) try to receive a bank loan
5) invent a business that requires minimal capital investments
Let’s get more in-depth look on each of these opportunities.
Many modern millionaires start their first companies with a help of their parents. ... He set up his ACT when he was 16 with two colleagues and loans from their parents. ... From the other hand, getting a loan from our parents make us more financially dependent on them and many young people do not have such a rich parents to help them.
Approximate Word count = 707
Approximate Pages = 2.8
(250 words per page double spaced)
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