Running a business involves many important decisions but the most challenging one is to think about the funding of business. What would be the best source of finance for your business requires research and it is essential to know the pros and cons of each source to make an informed decision about the long term plan of business.
There are many options which are available to fund a business which includes: crowdfunding, angel investors, business loans, personal savings etc. but it is difficult to choose among them. The below infographic guide from Finbri provides insights on all these sources of finance available along with their advantages and limitations. It also provides practical tips of when should we use a particular source to fund a business. It also talks about credit score and why it is important?