For Subscribers

Should I Borrow My Start-up Cash?

Financing strategies to help you get the cash you need and get your business going

By Amy Rauch Neilson

Opinions expressed by Entrepreneur contributors are their own.

(YoungBiz.com) - You've probably heard theexpression "It takes money to make money." Whilethat's debatable--some entrepreneurs have built empires out ofthe most meager of resources--one thing is for sure: A little cashfrom the get-go can certainly make the going easier.

As a budding entrepreneur, the thought of just how you'regoing to finance your dream has likely crossed your mind. There arebasically two ways to get the cash you need for your new business:You can save it yourself, or you can borrow it. And there are lotsof options within those two categories.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game
Thought Leaders

The Collapse of Credit Suisse: A Cautionary Tale of Resistance to Hybrid Work

This cautionary tale serves as a reminder for business leaders to adapt to the changing world of work and prioritize their workforce's needs and preferences.

Money & Finance

7 Tips for Raising Money-Smart Kids

How to set your children up for success and ensure they have the skills they need to thrive in an increasingly complex financial world.

Leadership

How to Detect a Liar in Seconds Using Nonverbal Communication

There are many ways to understand if someone is not honest with you. The following signs do not even require words and are all nonverbal queues.

Starting a Business

Ask Marc | Free Business Advice Session with the Co-Founder of Netflix

Get free business advice during our next Ask Marc, live Q&A, on 3/28/23 at 3 p.m. EDT. You don't want to miss it—send in your questions now.

Starting a Business

The Pros and Cons of Starting a Business vs. Innovating Within a Company

This article compares entrepreneurship and intrapreneurship and highlights pros/cons and success stories.