There are certainly other alternative and “out of the box” methods for raising funds to cover startup costs such as product pre-sales, peer-to-peer lending and micro-lending services, Purchase Order or Accounts Receivable financing, borrowing from friends and family or offering them advisory shares in exchange for low or no interest loans and much, much more.
Remember, you should always consult your own financial, legal, and tax advisors and do your research for the approach that will work best for you and your new business. This article has been written for informational purposes only, and is not intended to provide any tax, legal or accounting advice to be relied upon.
Let the small business partnership experts at Extreme Molding work with you to manufacturer your plastic or silicone product efficiently and domestically right here in America. Contact us today!
Let the small business partnership experts at Extreme Molding work with you to manufacturer your plastic or silicone product efficiently and domestically right here in America. Contact us today!