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Small Business

How to Raise Money to Build a Million-Dollar Business

Compare four options for funding your startup.

Even if your pockets aren't deep, there are ways to find money to start a business. Sure, there's the friends-and-family route, but there also may be millions of people willing to chip in via crowdfunding sites such as Kickstarter. Crowdfunding can also attract the attention of private equity investors, who have their own crowdfunding sites, TV shows (such as Shark Tank) and money to share. For entrepreneurs looking to scale up an already successful business, there are numerous options for borrowing, while boomers might consider tapping their home equity or nest egg. In the infographic below, compare four options for funding your startup.

See Also: Read the Inspiring True Stories of Four Entrepreneurs Who Funded Successful Startups in Different Ways

Jenny Cohan, Kiplinger.com