Bryan Santone, H Two Consulting Inc., Toronto, ON
A recent post on the Canadian Youth Business Foundation (CYBF)’s Entrepeer Hub Linkedin group read “Why is it so hard to start a business. How am I supposed to make money from nothing?” Unfortunately, for many entrepreneurs, accessing capital to establish or grow their businesses has become a challenge. Here are some of the reasons why:
Despite this gloomy picture, there are a number of ways for entrepreneurs to access financing. Here are some starting points:
Finally, getting access to capital requires a clear value proposition for potential investors and future partners. A couple of good books to help you refine your investor pitch include The Art of the Start by Guy Kawasaki and Purple Cow by Seth Godain.