All right.
Welcome back.
And we're going to talk about the fourth smart source of funding and it's organic growth.
And we need to consider this as a viable option to raising funds.
It's viable because it depends on how well or what type of business you're on.
If you're running a training program a training course business whereby people are used to pay upfront
anyway you don't need to raise money from investors.
Let's argue that maybe you do some high level training course because five thousand pounds not 20 people
their annual costs are you know 40000 thousand years out another 40000.
But people are willing to pay.
You can charge a deposit you know three weeks of four or five weeks before and then the balance is going
to be paid.
Two days before the 10 so you pretty much secured that.
Most people are going to pay for it.
You've got 20 people paying five thousand pounds.
You have 20 organizations paying 5000 under the paid some money up front.
You can use that money to run your business.
That's your expenses like you said are forty thousand and you're on a course every month with 20 people
in it.
And it's always oversubscribed and you're going to get five thousand pounds each so that hundred thousand
coming your way.
We are cost forty thousand.
Your problem was when you wanted to start a business you didn't have the forty thousand to pay for the
multimedia to hire the venue and to do all that stuff.
But if you can get your customers to pay half upfront and you've got 20 people paid up or half upfront
you've even earn some money already because you've got 50 thousand pounds before you start.
So you don't need an investor unless the investor is not bringing something beyond money.
That's what I'm talking about here.
That's a smart way of running your business.
And if your business lends itself to this type of financing then organic growth is a good way for you
to raise money and quite a few businesses can run this way anyway if they think about it.
So you come on this cause to think about this kind of thing.
So I'm bringing enough to consider financing this smart way by doing it organically.
All right I'll see some.
See.