What Is The Best Way To Start A Business Without Money?

For start-ups, capital is always the biggest pain.

Enterprises are short of money and thirst for capital, but banks will only add flowers to the market and will not provide timely help.

An undisclosed exact figure, in 2005, investors "smashed" about $35 billion 800 million in the Chinese market to buy or acquire equity, which is an exhilarating and alarming figure.

In 2005, investors were more active.

Investors holding large sums of money in their hands searched everywhere for "prey" and went straight on as long as they could smell the money they could make.

But the other side of the prism is that many businesses are beset by lack of capital, or they just run around like a fly or a basket.

We should be careful about the false financing. Because of a "special" blow, Mr. Lei and his company are badly hurt.

Mr. Lei has sold several cars to help him, but this money is a drop in the bucket for starved enterprises, like water dropping into the sea, and even splashing flowers.

Mr. Lei and Mr. Lei's enterprises are renowned for their technological research and development, and watch their dozens of innovative technologies and products accumulate together. Mr. Lei is heartache and impatient.

At this juncture, a consulting firm, which is known as "foreign capital", has extended "olive branch" to Mr. Lei, which means that it can solve the problem of financing for enterprises.

Mr. Lei inspected himself in person, and saw that the company was working in a top commercial building, so he assured himself to provide information and samples according to the request of the other party.

When Mr. Lei asked for a successful case, he was rejected by the other party.

Mr. Lei, who was suspicious, asked people about their foreign investment background, and found that it was completely false. Websites and servers should also be fake and shoddy.

Looking back at the company again and finding that it has been empty, Mr. Lei's tens of thousands of dollars have been wasted. He can only laugh at himself: pay the tuition and buy lessons.

If you really want to raise money, don't worry about it.

Mr. Yore, a consultant of PWC, met with friends.

Mr Lei's request is not high, so long as there are 8 million throws in it, enterprises will be on the right track.

The consultant said that no matter what enterprise, when importing investors, we should first have a clear idea of the purpose of financing and what kind of investors the enterprises need.

Second, any investor only cares about three things: the overall state of the business, products and prospects for development.

Different investors have different concerns. A group of financial investors, such as private equity funds and investment banks, care about equity, not too much intervention in the operation and management of enterprises, and the other is strategic partners. Such investors are constrained by money, technology and venues, and so on. Therefore, they are more concerned about business entities. Once an enterprise has developed, it is possible to find an excuse to let management go away and let their own people replace them.

However, two types of investors have different priorities.

Therefore, the consultant advised Mr. Lei to take several technologies to register several shell companies in the early stage of financing. A company is a technology and a project. After writing the business plan book separately, it will spread to those financial investors like a net. If you are interested, these sensitive investors will follow the taste.

As long as one or two projects invest successfully and operate normally, they will be able to subsidize the research and development of the parent company.

If the shell enterprise grows well, it can also divestiture the parent company's listing.

Even if it fails, it will be a shell company that will not endanger the parent company.

Strategic investors can not be considered for the time being.

If Mr. Lei is tired of working on that day, then look for strategic investors, see the price is right, directly to the overseas listing, "sell" a good price.

The direct financing of the company is unstoppable, and academics Mr. Ba Shu song tells a joke about finance.

There are several F channels for initial entrepreneurs to get financing.

One is family members (family), such as Yahoo or Microsoft, when they start their own business in the garage, no one believes they will succeed. Only their family always believe they are gifted. Two, they are friends (friend); three are fool; only fools can invest in a person who has nothing else but ideas.

How can we do this?

If the domestic market is not good enough, then look for foreign capital and go overseas to go public.

Ba Shu Song said that what we lack most in financial market is the fourth kind -- the professional investor - venture capital fund (venturecapitalfund).

It is the incubator of enterprise growth. If the market of direct financing is not mature, it is very difficult for enterprises to have room for innovation and growth.

Even though Nasdaq was in a mess, it trained Yahoo, Microsoft and Google.

Therefore, the direct financing will remain unstoppable in 2006.

Xu Qiyun, editor in chief: