Finances

Follow The Money: How Small Businesses Get Funding [INFOGRAPHIC]

Finding capital can be the difference between a successful and an unsuccessful company. Regardless if you are an entrepreneur bootstrapping, using the bank’s money or pitching VCs on Shark Tank, entrepreneurs know that cash is vital to their success. This infographic by BOLT Insurance captures the numerous opportunities for business to get money in order to grow, who gets funding and how much VC’s and Angels want to contribute.

Key findings include:

  • 31% of small business owners borrow money from friends and family
  • 75% of young firms’ funds come from bank loans and credit
  • $6.27:  For every dollar of venture capital invested since 1970, $6.27 of revenue was generated
  • New law in Jan. 2013:  A company can raise up to $1M a year from individual investors in exchange for equity in the company

FOllow The Money:How Small Businesses Get Funding
Via: BOLT Insurance

Tags

Gresham Harkless Jr.

Gresham Harkless is a Media Consultant for Blue 16 Media and the Blogger-in-Chief for CEO Blog Nation. CEO Blog Nation is a community of blogs for entrepreneurs and business owners. Started in much the same way as most small businesses, CEO Blog Nation captures the essence of entrepreneurship by allowing entrepreneurs and business owners to have a voice. CEO Blog Nation provides news, information, events and even startup business tips for entrepreneurs, startups and business owners to succeed.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
Looking for Premium Content? Sign Up for CBNation+ (PLUS)START YOUR FREE TRIAL TODAY
+ +
Close
Close