You have spotted an scarcely inhabited business niche. Your business model appears to be a surefire hit. You have gone through your business plan with a fine-toothed comb. However, you still have a problem — where are you going to find startup business funding?
That problem has kept umpteen potentially successful businesses on the ground. Arguably, nothing is as difficult in the startup world as getting the needed funding. Where should you look for the funding for your startup business?
1. Your personal bank account. While it’s never a good idea to spend your last dollar on a startup business, a vast …read more

With the financial crisis surrounding us, it’s a bit hard to imagine what it will all mean for startups, entrepreneurs and small business owners in the US.
But there are a few things that will definitely be in the future:
1) It’s going to be harder than ever to raise capital for businesses. Loans will be few and far between. Most VCs are losing money too, so they will be conservative in their giving. Plus, I am quite sure the terms of loans and VC agreements will be tougher.
2) Potential customers will take longer to pull the trigger. People are going to …read more