Thursday, February 26, 2009

Financing My Business

When I initially begin to start up my business, I'll have to use most of the money I have been saving in the bank in order to buy the supplies, tools, and equipment necessary for my company. Most likely, my other founder(s) will also have a laptop so we will all have the basic equipment needed to start on the software game (the software program being used for development is TBD). Also, the money will most likely come from my parents and other relatives such as my grandparents, aunts, and uncles.

Once my company has a demo of the game, I'll then have to seek out angel investors who are interested in interactive sports games. I don't really plan to travel a lot around the country like the GovWorks guys did for money, but it I have to.... SO BE IT!! Other than that, I could try seeking Government Grants that John Dimmer, from the TacomaAngel Network , suggested since he says it's practically free money the Government is giving away. But just to sure, I'll leave that idea out until I really have a defined product developed.

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