Financing your Business. Financing your Business. Financing your Business. Presented by Queen Kganyago. BARRIERS – ACCESS TO CAPITAL. Lack of skills and expertise Lack of mentorship Lack of awareness through poor information dissemination. Lack of business infrastructure
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Presented by Queen Kganyago
Viability & Sustainability
Remember that any business can start small and there might not be a need to borrow a lot of money. If your business is well researched and managed properly it will grow itself without always having the need to be financed
Always remember that you are more likely to attract financial backing from other parties external to your business if you make an adequate financial contribution yourself.
How can you expect other people to risk their money in your business when you, the ultimate beneficiary of its success, are unwilling to do so yourself? Your own contribution is viewed as your commitment to make the business work.