A small business owner can gain a number of advantages by forming a Limited Liability Company (LLC).
The greatest benefit is that you are not personally liable for the debts of your enterprise.
If those methods of funding do not give you the amount you need to start a business, then you can apply for more public funding methods, which would include government backed business loans and bank loans.
Depending on the nature of your business, grants may also be available to you.
If you are independently wealthy, then you can finance it yourself.
Alternatively, you can seek additional private financing options from well to do family members or friends by requesting an audience with them and presenting your business plan.
Another option involves approaching venture capital companies with your business plan to see if they might be interested in providing financing.
They typically pool their investors' funds and so have more money to invest in worthy business ideas.
Additionally, record keeping requirements for an LLC are ...
Starting a small business is a dream that many people have.