How do I evaluate different funding sources for my startup?

How do I evaluate different funding sources for my startup?

Start by identifying your funding needs, then research options like venture capital, angel investors, and crowdfunding.

What are the pros and cons of using venture capital?

Venture capital can provide significant funding and mentorship, but it often requires giving up equity and control.

Are there any specific criteria I should consider when choosing a funding source?

Yes, consider factors like the amount of funding, the investor's expertise, alignment with your business goals, and terms.

How can I approach potential investors?

Prepare a solid business plan, create a compelling pitch, and network to find introductions to potential investors.