We needed to find an additional 6 million rubles to install a wake park (two reversible winches), purchase boats and catamarans, and set up a cafe. However, we didn’t even have that money.
Then the search for investors began. Literally within a week, having compiled a list of friends, colleagues and acquaintances who might be interested in profitable investment or the project itself, we collected the necessary amount. 5 friends and acquaintances invested 1 million rubles each, and we had collected the starting capital.
DifficultiesBut of course, it doesn’t end there
Anyone who has opened their own business knows that a reserve of funds is always necessary. Initially recorded costs are never exhaustive. Price fluctuations, unaccounted expense items, contractor errors, and employee salaries add 20-30% to the initial budget.
Here we were lucky america phone number list again. Initially, we planned to launch all activities at the same time, but the contractor delayed the installation of winches, and we launched the cafe and boat rental first. Revenue started coming in immediately, and it became possible to finance unaccounted for expense items.
So our funding had the following structure:
Investments from attracted investors – 10%
Own funds – 3%.
Financing from the resulting revenue is 2%.
We also used credit funds, but later, when insulating the cafe for the winter season. We could not take out a loan for a legal entity, since the organization was not yet a year old. We took out credit products as an individual, which Infrastructure from do not recommend anyone to do. This was a big mistake. Our business is seasonal, and winter came “unexpectedly”. During the winter, some of the activities went away, we covered expenses with delayed payments and refinancing, which in fact only worsened the situation.
Recommendations long-form content and the role of seo Infrastructure from for aspiring entrepreneurs
I highly recommend aero leads all newcomers to carefully study the support measures from the state: subsidies, grants, various