INSIDE YOUR BUSINESS – Understanding business funding and finance for your start-up
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GUEST – Clive Butkow, founder of Conducive Capital
There are two ways to launch a business: With funding, and without it. 99% of businesses in South Africa fall into the second category – they launch a business without any financial assistance.
They then fund each month’s operations through sales – either of products or services. This is known as bootstrapping. Some start-ups can’t be launched without business funding though, and most companies reach a point where they need some capital to help them grow or fulfil a large order.
Founder of Conducive Capital, Clive Butkow helps you understand what type of business funding suits your business best.
There are two ways to launch a business: With funding, and without it. 99% of businesses in South Africa fall into the second category – they launch a business without any financial assistance.
They then fund each month’s operations through sales – either of products or services. This is known as bootstrapping. Some start-ups can’t be launched without business funding though, and most companies reach a point where they need some capital to help them grow or fulfil a large order.
Founder of Conducive Capital, Clive Butkow helps you understand what type of business funding suits your business best.