The options for raising money for an SME company are described below.
- Self-financing: Use personal savings to fund the start-up.
- Business loan: Seek small business loans, but approval is not guaranteed.
- Crowdfunding: Use platforms such as Kickstarter, GoFundMe and Indiegogo.
- Angel investing: Secure funding from wealthy individuals with a solid business plan.
- Personal contacts: Consider raising money from friends and family.
- Venture capitalists: Look for investments from firms that specialize in established businesses.
- IPO: Raise capital by taking shares public for the first time.
