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Doc Murphy posted a new Financing A Business thread on 8/25/2010

I have an awesome idea to launch a business lounge for entrepreneurs. What would be the best place to get funding?

Business Lounge
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Anthony Jones Responded on 8/25/2010


Some people will say friends,family, SBA,etc.. But the best way to raise funds for a start up is with a business credit line and potential sales revenues (or advance orders) depending on your type of business. Of course your options depend on your assets, experience, credit rating,etc.. alot of factors. Theres no one business genie funding source. I always suggest combining financing options to get to your goal. If you need additional help visit www.buildabusinessworkshop.com
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Joel Cheuoua Responded on 8/25/2010


It depends at what stage is your idea. AngelList can fund ideas that already have a certain traction. Otherwise yeah I'd go with the common "friends and family" answer if your idea is not really tangible at this point. Anthony has some good points about the business credit line though.
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Rob Docherty Responded on 8/25/2010


Call me: 502-403-3504 I'd be interested in investing. I own EntrepreneurChatroom.com and PitchedIn.com this would be great! Rob
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I'll call ya tommorrow! - Doc Murphy 3 on 8/25/2010

 
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Home » Forums » Financing A Business » I have an awesome idea to launch a business lounge for entrepreneurs. What would be the best place to get funding?