Choosing Funding Without Losing Control
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Selling shares of your company is the most expensive way to get cash. When you take equity
financing from angels or VCs, you lose ownership and control forever. Compare that to
debt financing like a bank loan where you just pay interest but stay the boss. Even better,
look for government grants or subsidies because that is literally free money you never pay back.
But before you take a dime, run a break-even analysis. If you don't know
the exact number of sales needed to cover your fixed costs, you are just guessing.
Pick the money that lets you keep the power.
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