Finding the cash to launch your business or keep it running can be a daunting task. Whether you are reaching into your pocketbook (or someone else’s), borrowing money from a bank or seeking a cash-heavy investor, every enterprenuer knows that without cash, success is out of reach.
With this infographic courtesy of Bolt Insurance, you will learn:
- The various ways that small businesses get money to help them grow
- Who is most likely to get funding
- How how much venture capitalists and angel investors contribute financially
- Much more…
A few facts from the graphic:
- 31% of small business owners borrow money from friends and family
- 75% of young firms’ funds come from bank loans and credit
- $6.27: For every dollar of venture capital invested since 1970, $6.27 of revenue was generated
- New law in Jan. 2013: A company can raise up to $1M a year from individual investors in exchange for equity in the company
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Infographic Credits, courtesy of Bolt Insurance:
Source: BoltInsurance.com
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