A good idea alone does not lead to business success. Without the necessary start-up capital and suitable sources of financing, the dream of having your own start-up can’t be realized.
Especially in the start-up and growth phase, young companies need sufficient liquidity to drive the development and expansion of the business.
For this very reason, having a solid financing plan is crucial. It’s only when this plan thoroughly covers all your capital requirements that you can actually begin to finance your startup.
This planning alone can determine whether your venture succeeds or fails — not merely the business idea itself.Where do you get the money to build your startup?