Starting a new business can be challenging, when you don't know where to find the money to get started.

In this video, I'll share with you why start-up capital is important for your new business and the 5 categories for you to consider to start or grow your business venture.

One of the most popular types of financing is debt, but there are other types that you might be overlooking.  

Depending on the kind of business you want to start and how much you need, there will be a type of capital that will be best for you.

Grab a notebook and pen, and get ready to take a few notes.

Happy financing!

Today, I want to answer one of the top questions I get from aspiring entrepreneurs.

That question is, "how much money do I need to get started?"

If this is a question that's been holding you back from getting your business started, let's get that handled today!

I'm sure you've heard the phrase, it takes money to make money, which I definitely agree with. However, how much money it takes and whose money it is, depends on the business.

Here are my top 3 strategies to figure this out for your particular situation:

1) Determine whether you are going to pursue a product or service based business.

As a general rule, product based businesses tend to require more start up capital than a service based business, because of the need for materials and equipment to produce the product.

Personally, I'm a huge fan of service based businesses, particularly knowledge based businesses.

My luxury home design company is an example of a service based business that doesn't require a large investment in...