Small Business Today Magazine DEC 2014 NOUN INVESTMENTS | Page 29

EDITORIALFEATURE

Facing the Challenge of Financing a

Small Business Startup
By Bruce Hurta

Y

ou have a dream to start a small business.  You finally have a business plan which you think will work for
you.  You even have some savings for seed capital in the
business, but it is not enough to keep you going until you
start making a profit and have the business pay for its continued growth.  Where do you go to source more funds for this
project?  If your ideas are sound and if the business plan has
enough research and facts included to make it believable, you
are off to a good start.  All you need to do is find an investor
who understands and believes in your business plan to buy into
it.  The problem, however, is that investors want a share of the
business which you feel may not be proportionate with their
investment.  Can you borrow the money?  The answer is “yes”
if you find a small busi