5 Simple Ways to Raise Capital for Your Small Business In AFRICA in 2024
Small businesses have the advantage of growing organically, but they still need funding to help them find their way.
you may need to hire some help before you have the profits necessary to do so, or make payroll before you’ve been paid on a project. You may have to purchase inventory, equipment or commit to retail space for some period of time. So how might you do that? Here are 5 Simple Ways to Raise Capital for Your Small Business In AFRICA in 2024
1) Your own job.
Just like in a startup, it’s very common for founders to put in their own capital to get a small business going. This could come from savings so you can go full-time right away, but it could also be a surplus salary that you can use while you moonlight working on your business. If you have a steady 9-to-5 job, you may not only have a little extra cash, but a few hours each day to dedicate to a project on the side. That flexibility can be invaluable in the early days.
2) Friends and family
Also like in a startup, founders may be able to raise some money from friends and family who are willing to risk some of their assets. And while the friends and family method is fairly common, I’ve developed a strong personal bias against this type of financing. Business, as they say, is business — and things go wrong. I had a close family member provide some debt financing to my first business, and that hung over my head every day we hadn’t paid it back. While I am extremely grateful for the help we received, and while we were able to fully pay it back, it can be highly emotionally draining to worry about something outside your control happening and failing to meet your obligations to a close friend or family member.
At HR & SYSTEMS ltd we can help you get started in Africa, simply follow the below steps.
Step 1 - Download our books on amazon kindle. the links are below
Step 2 - Send us an email (rombunfur@yahoo.co.uk) for including all information/questions you need us to provide.
Step 3 - We then schedule a consultancy session with you on whatsapp call to discuss further.
BOOK LINKS
1) UNIQUE BUSINESS IDEAS FOR EVERY AFRICAN COUNTRY
click here == [ Ссылка ]
2) AFRICAN BUSINESS STARTUP BRAINBOX: STARTING BUSINESS IN AFRICA, PROCEDURES, COST, TIMELINE
click here== [ Ссылка ]
--------------------------------------------------------------------------------------------------------
FOR MORE INFORMATION & BUSINESS CONSULTANCY, CONTACT US
CALL/WHATSAPP: +237-677875662
EMAIL: rombunfur@yahoo.co.uk
--------------------------------------------------------------------------------------------------------
CAMEROON FINANCE LAW 2024, 2024 CAMEROON FINANCE LAW, CAMEROON 2024 FINANCE LAW, CHANGES TO TAX LAWS IN CAMEROON 2024, CAMEROON GENERAL TAX CODE 2024,GENERAL TAX CODE IN CAMEROON 2024 EXPLAINED, BEST EXPLAINATION OF THE CAMEROON TAX AND FINANCE LAWS 2024, CAMEROON TAX LAWS 2024, TAX LAWS IN CAMEROON IN 2024, BEST CAMEROON TAX LAWS EXPLAINED IN 2024,
small business ideas,
small business in africa,
doing business in africa 2024,
business in africa 2024,
starting in a business in africa 2024m
best business ideas in africa 2024,
how to start a business in africa 2024,
top business ideas in africa 2024,
2024 business in africa,
competitive business in africa,
