How To Fund Your Business - Loans, Grants, Capital & Self-Funding Explained | Business Planning Episode 7

Let’s talk money — because starting a business takes it.In this episode of our Business Planning Series, we break down the most common ways to fund a new business — from grants to loans, outside investors, fundraising, and bootstrapping. We also share what we would consider for our fictional coffee shop, The Brewzone, and the pros and cons of each option.Whether you're looking for free money, applying for a small business loan, or using your savings — this episode helps you understand the options so you can make a smart financial move.💰 What we cover:How much money do you really need to start?The difference between grants, loans, and capitalWhat it means to self-fund or “bootstrap” a businessWhat to know about small business loansWhy not all money is good moneyThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside