Sat 12 Sep 2015 | By:

How to Finance a Business in Alaska (Five Great Resources)

Manage Your Business Finances

There are so many things you need to think of when starting a business in Alaska. There’s the aspect of business licensing and tax requirements, there’s the process of incorporating in Alaska, finding the best financing for your business and so many more tasks you need to accomplish.

To help you with the aspect of financing a business in Alaska, here are a few resources for funding options you can take a look at to kickstart your business.

Quick Note: Funding a business starts with a viable business plan that can attract investors. A solid business plan can be written with the help of resources such as a business planning software where you are able to create a funding ready plan to jumpstart your business.

1) Learn How to Finance a Business in Alaska

Aside from the usual ways to finance a business, Startup Savant’s guide will point you in the right direction on the different ways you can finance a business in Alaska. From there, you can weigh some of the best options for you to fund your new business.

2) Alaska Small Business Resource

This Alaska Small Business Resource guide offers several financing options so you can start a business in Alaska. These resources provide you with the details of each option, plus contact information and other information you need.

3) Alaska Financial Assistance and Resources

The Business Section of the Official Alaska State website also features a list of financial assistance and resources that a startup like yours can consider. From there, you can check out the link, and weigh if that option is suited for the business you have in mind.

4) Alaska Investors

Angel investors in Alaska can be an immense help when it comes to financing your business. These investors are usually seasoned entrepreneurs who are willing to invest in startup businesses in exchange for equity. Check this list to give you an idea of the angel investors in Alaska.

5) Crowdfunding

This new method to financing your business has slowly gained popularity due to online connectivity. You can visit Kickstarter to get acquainted with crowdfunding and the principles behind it. If you’ve got a neat product idea, this could be a great place for you to start!


Wrapping Up and Funding a Business in Alaska

Wrapping Up and Starting a BusinessFunding a business in Alaska is a tedious process, and one that takes time. Considering your financing options wisely and making an educated decision is always important to your business’ success.

Giving away equity or taking on debt when you don’t have to doesn’t often turn out well. So be sure you’ve got a solid plan set in place and know exactly how much money you need.

About Liesha Petrovich

Liesha is a small business owner of 20 years, host of Startup Savant, the owner of a karate dojo in Maine, and creator of Work Mobly. During free time she's with her family and working on a Doctorate in Entrepreneurship.