SOURCES OF FUNDING

money is the driving force of a business. Many novice businessmen are confused about finding funding sources for business development (or at least to run a business). Without funding from investors or borrowing, it does not mean that the business cannot run. How do you overcome this one business challenge?

In today's digital era, there are many platforms where you can collect funding with a crowdfunding system where you get funds from people who voluntarily finance the business plan that will be run.

If you have a start up with a digital technology base, many investors are now willing to invest their money in your business such as East Ventures which funds a lot of start-ups in Indonesia. The Indonesian government is currently budgeting funds to help MSMEs in terms of funding. Loans from banks can be the last solution but you must provide collateral that is comparable to the value of the loan.