One great way to finance your business if you do not have many options available is through an angel or standard investor. Investors are good, as they can provide a large sum of money for your business and dependent on the investor or investor type, you may not be spending as much as you may think.
One of the bigger parts of this is an angel investor. Angel investors can usually provide you with the funds and the contacts to help your business become more successful, while also talking little to nothing from your business altogether. The lack of percentage that they take from your business means that the overall profit is so much larger than otherwise.
There is still success to be gained through a standard investor, however. If you are confident with your product and you are financially responsible with the amount that will be invested into your business, you’ll always make more than you spend. If you keep the profit margins high enough where the investors percentage does not hurt you financially or the business that you own financially, it will still be a success.
The investor will also agree the amount that they would like to take from the sales or the overall business every month, so there should be a degree of responsibility and planning before you accept the amount. If the amount that they are offering cannot provide you with substantial growth while asking too much from you in return, then it is risking too much.
However, there will always be growing pains for a business, and investors will usually work with a hands-off approach and not expect too much from you within the first year or so of your business relationship. This is key, as that breathing room and flexibility that they are willing to provide you will help you work to your best.