Free Money

Grants are basically free money. Best Small Business Grants for 2020, Including Coronavirus Grants. 5 Ways to Start a Business with Cheap or Free Money . When looking for outside funding, many entrepreneurs look to friends and family. But do you really have friends and family that are able and willing to shell out $50,000, $100,000 or more to see if your idea is worthwhile? And getting a loan from the bank is a tedious prospect where you may have to put your house or other personal assets at risk. Not to mention there’s the other problem even if you do get funding: giving up too much of your company too early. You see a big check, give up 50 percent of the company, and end up regretting it for the rest of your life.