Financing a business in Tennessee is not without its challenges, but if you are patient, you can definitely find the right financing. To help you get started, here are five great sources you should look into.
Quick Note: If you’re going to find financing, it is the business plan that is needed by the investor/vendor just as much as your sales pitch. Use a business planning software to make that business plan if you don’t have one and you’re pulling your hair because you don’t know what to do.
This Startup Savant guide provides a wealth of information on how to finance a business in Tennessee. It provides you with 10 options, and the advantages of each option. Using this guide, you can weigh which option works best for your business type.
Startup Tennessee is the perfect forum where startup businesses are connected to entrepreneurs to help you kickstart your business. Mentors, investors, and entrepreneurs are gathered together so that you are connected to people and resources for your business’ growth.
Small business grants in Tennessee for women are also available for you to get started. Visit WomensNet for more options.
Tennessee investors can also help finance your business, provided that you connect with the right investor. This investor page connects you with angel investors in Tennessee and offers you other options like private equity funding, venture capital and angel investors.
Crowdfunding is quite a new concept at financing your Tennessee startup, but it is an effective method that can really help you. Crowdfunding involves numerous people donating or investing small amounts of money usually through an online platform so you can launch your business. Head on over to www.Kickstarter.com to check it out!