How to arrange funds for small bakery business
TIPS - How to get funds for your bakery business
Now that you have made up your mind to start a new bakery business . The most important
factor of all is money or the finances .Best options is to not to invest your savings but to invest
others money in any business .
As any bakery start up would require funds for
- Utilities( Fuel , electricity and water )
- Rentals/lease or land/building
- Working capital for at least six/five month
- Daily expenses and your house hold expenses
When you go out for sources providing funds here are few mentioned below
Your own savings
Getting loans from relatives and friends
Do some Partner ships with Venture Capitalist
Loans from private lenders
Loans from government sponsored small scale development agencies.
Funds against collaterals such your property /gold/investments.
Once you got your funds then these have to allocated prudently and details recorded for every