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Find other sources of investments or funding for your business (New Business Checklist)

There are a few other sources of equity funding worth mentioning. But remember, when you open your company to outside investment, you also open it to some degree of outside control. The more money you get from the outside, the less control you'll retain.

Venture capital

Getting capital from a venture capitalist is extremely difficult, but it is possible. Venture capital firms generally look for entrepreneurs with unique ideas that can't easily be replicated. They're interested in businesses that are relatively cheap to start and that can quickly grow to be multi-million dollar corporations that offer public stock.

Angel investors

Angel investors are private individuals who invest money in businesses. Like venture capitalists, they're hoping to get a large return on their investment. Unlike venture capitalists, they may be willing to offer you money without imposing so many conditions.

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