{"id":228,"date":"2013-04-11T14:11:03","date_gmt":"2013-04-11T21:11:03","guid":{"rendered":"https:\/\/www.jacksonwhitelaw.com\/az-small-business-representation\/?p=228"},"modified":"2023-07-11T10:10:03","modified_gmt":"2023-07-11T17:10:03","slug":"how-to-fund-for-your-small-business","status":"publish","type":"post","link":"https:\/\/www.jacksonwhitelaw.com\/az-small-business-representation\/blog\/how-to-fund-for-your-small-business\/","title":{"rendered":"How to Fund for Your Small Business in Arizona"},"content":{"rendered":"<p>Receiving money to get your business started is one of the most arduous things for entrepreneurs to do.\u00a0 Forbes contributor, <a href=\"http:\/\/www.forbes.com\/sites\/alanhall\/2012\/10\/20\/5-means-of-funding-a-small-business-how-to-get-your-piece-of-the-pie\/2\/\" target=\"_blank\" rel=\"noopener noreferrer\">Alan Hall gives five suggestions to help guide you through the fundraising process<\/a>:<\/p>\n<p><strong>Boostrapping<\/strong>:\u00a0 In the process of experimenting for your business, use your own financial resources like personal savings and credit cards, but be sure to use your money cautiously so you don\u2019t break the bank.<\/p>\n<p><strong>Friends and Family<\/strong>:\u00a0 Ask close friends and family to contribute to the company.\u00a0 Before you approach your friends and relatives, decide whether you are asking for a loan or a donation. If you are asking for a donation, make sure they are clear on the fact that they might not get their money back.<\/p>\n<p><strong>Crowdfunding<\/strong>:\u00a0 Under the JOBS Act, crowdfunding grants more options for small investors and removes obstacles, making it a good source in the early stages of a business.\u00a0 This is a great idea if you are unable to receive a bank loan, if you aren\u2019t ready for venture capital funding, or if you\u2019re friends or family are unable to help.<\/p>\n<p><strong>Angel Investors<\/strong>:\u00a0 Once your business begins to grow, \u201cangel\u201d investors can be used for more funding.\u00a0 These people\u2014or groups of people\u2014 provide capital for business start-ups, usually in exchange for convertible debt or ownership equity.<\/p>\n<p><strong>Bank Loans &amp; Venture Capital<\/strong>: Once your business has had some time to grow, a bank loan might be needed for operating capital and long-term growth.\u00a0 In order to receive this kind of loan, financial institutions will require several years of financial information on both the business and the business owner.\u00a0 The bank will also want a pledge to secure and guarantee the loan.<\/p>\n<p style=\"text-align: left;\">Call JacksonWhite&#8217;s Small Business Law Team at <a href=\"tel:4804641111\">(480) 464-1111<\/a> to discuss your case today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Receiving money to get your business started is one of the most arduous things for entrepreneurs to do.\u00a0 Forbes contributor, Alan Hall gives five suggestions to help guide you through the fundraising process: Boostrapping:\u00a0 In the process of experimenting for your business, use your own financial resources like personal savings and credit cards, but be [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[5],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - 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