Small businesses make up a highly significant portion of the U.S. economy. They generate $7.8 trillion in revenue, and employ 42.7 million people. Despite their economic significance, a majority of startups fail in their first ten years. Why do they fail? Forty-six percent of failures are caused by incompetence and lack of funding. It is very important for an aspiring entrepreneur to raise and manage their capital properly. There are many ways to raise capital.
This infographic lists seven innovative ways to finance a startup business, presented by mba-in-finance.org.
