
How to Get Funding for Your Business
Kody Wirth | Oct 27, 2023
Most healthy businesses will need funding or financing at some point. Whether it’s to cover startup costs, help with major equipment purchases, or fuel growth with additional capital—it’s a common and often necessary step.
The reality is, that like so many things in business, your path to funding fully depends on the state of your business. Its age, position, performance, market opportunities, team, etc. will inform your funding search and how you’ll prepare to get it.
Now, that may sound daunting and overwhelming but don’t worry because in this guide we’ll be teaching you how to prepare for funding and improve your chances of getting it.
5 steps to get your business ready for funding
While your funding journey will be unique to you there are some key steps that you should take to prepare for whatever funding option you choose.
How to improve your chances of getting funding
Following the five steps we laid out, unfortunately, doesn’t guarantee that you’ll get funding. There are just too many variables that can swing your chances in a positive or negative direction. However, we do have some additional tips and resources that may help improve your chances.
Small business funding and pitching templates
Free resources to help you complete the steps required to prepare your business for funding.