A business is funded by different sources of finance in order to start it up and keep it going. Successful entrepreneurs usually use a combination of available sources of finance to fund their business venture. Some of the sources of finance include:
personal savings
investors (people who put money into the business for a share of the profits)
sale of an asset (like a house or a car)
bank loan
overdraft
friends/family
Also, designated agencies that specialise in offering advice and assistance to entrepreneurs include:
Northern Ireland Direct Government Services - www.nidirect.gov.uk
Department for the Economy - www.economy-ni.gov.uk
Invest NI - www.investni.com
NI Business Info - www.nibusinessinfo.co.uk
The Prince's Trust - www.princes-trust.org.uk
Enterprise Northern Ireland - www.enterpriseni.com
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