Do you want to start a business without having a lot of start-up capital available for your venture? What many people don't know is that it’s perfectly possible.
Firstly, the UG allows you to turn your dream of owning your own business into a reality with only a little money. While a GmbH requires a minimum of €12,500 in start-up capital, a UG requires only one euro at the time of formation.
Secondly, you can increase the equity capital of your start-up with outside money or apply for state funding. A good business plan for founders is essential for convincing investors and business angels of your business idea and skills.
If you find a business angel for your project, this can be an excellent advantage for your company. Not only do they provide financial support, but they can also contribute experience and know-how as a mentor.
Furthermore, you can try to win silent partners for your company. In this case, the investors have no influence on company decisions - in contrast to active partners. However, they must always be kept informed about the development and success of the company as feedback for their contributed capital.
Crowdfunding and crowdlending are other exciting options for financing a start-up. Venture capital companies can also contribute significantly to increasing start-up capital under certain circumstances. In addition, you should always check whether you can take advantage of government funding assistance for businesses.