When you get your business to the point where you need additional financial resources to grow, you’ll want to know how to raise the money. Raising capital is essential to your business, but may not be easy. Your business has two types of capital: monetary (cash on hand) and non-monetary. Your non-monetary capital includes your accounts receivable, goodwill, inventory, equipment, or real estate. You can use both monetary and non-monetary types of monetary assets to restructure your company and obtain more money. Rather than rely only on your personal savings, you can restructure with a mix of financing sources to obtain the money your business needs. This article covers the various ways to raise money using your company’s capital assets without giving control of your business to new partners or investors.
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