Do I need my own money to start a business?

Yes. All lenders or investors want to see that you have a considerable amount of your money in the business: your money is at risk as much as their money. If a business owner does not have owner equity in the firm, it is more tempting to walk away from a failing business because there is little to lose.


785 votes


SBA Direct

Find Information On:

Get Local Assistance:

Find counseling, mentoring, and training near you.

join the community

There is a growing need for technical assistance to accommodate the dramatically increasing formation of business enterprises in the greater Los...
Andrew Lewis
Milfoil and Asian clams are two invasive aquatic species that are creating havoc in lakes across the country as they overwhelm native species, damage...
Larry Zaccagnini is opening lots of doors for companies in West Virginia. No, he isn’t a doorman at some exotic resort or hotel, but the...