Читать книгу Start & Run a Bookkeeping Business - Angie Mohr - Страница 31

The most available source of capital, at least in the start-up period, will probably be your personal savings and loans from family and friends. Until your business develops a track record of financial success, external capital providers, such as investors and banks, will be less likely to take a risk on your new enterprise. Luckily, there are many sources of internal capital. Your own resources could include the following:

• Savings

• Personal loan or line of credit

• Remortgage of your house

• Credit cards

• Borrowings from friends or family

Some of these sources are preferable to others. Be sure to weigh the risks of each type of borrowing. For example, remortgaging your home puts your personal residence at risk if you are unable to repay the loan. Credit card borrowing is usually an extremely expensive option and can damage your personal credit rating. Borrowing from family or friends can bring its own tensions if payments are deficient or late or if the lender wants the principal paid back sooner than you expected.