#LegalTipsWithOlukayode #FundingForYourBusinessI

Dear Client,
Happy New week. I know you have set your mind to making more profit this week and this will require you to increase your productivity. This may require some funds, which may then become a bother as to raise such.

There are different ways by which you can raise funds for your enterprise, private or public company. I will take us through the processes this week.
Let's start from an enterprise (simple Business Name):

It could either be easy or tough to raise funds here. It is easy because the amount you may be trying to raise may be little compared to what a private or public company may be looking to raise. But it is more difficult because of your financial base which may not encourage too much debt. Your options may include:
1. Family
2. Co-operative or thrift society
3. Microfinance banks
4. Other willing institutions
These institutions will put in some conditions, you must be careful that they aren't those that will ruin your business!
Dear entrepreneur, before taking that decision to borrow for your enterprise, you must make sure your decision will not invariably ruin the enterprise.

We shall discuss what to look into tomorrow. Stay connected!

Have a productive day ahead!

Cheers,
Olukayode Olugbemi

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