For a business to become successful, one of the most important things to consider is to know how to properly manage the finances. Independent childcare business owners can also try the Foundation Grants to Individuals Online, a service of The Foundation Center at For a small fee per month (payable by credit card), the Foundation Center offers online listings of Grants to Individuals in the U.S.
I financed my first business on credit cards, which was an incredibly stupid thing to do given the fact that my business could have failed and left me with thousands of dollars in credit card debt that would have taken until the year 2099 to pay off.
As long as the company is being run well and brings in profits, venture capitalists will not interfere with the management and decision-making procedures of the company; but if they think the business is not doing as well as they predicted, they may step in to save their investment.
As such, we strongly recommend that you continue to work with a small business adviser as it pertains to your ability to potentially receive a strong capital investment from a bank that is willing to lend against the assets of your firm on an ongoing basis as your business expands.
The way this works is you use personal savings and adjust your living allowance so that the start-up costs of your new business are taken care of. The advantage of funding your business in this way is that you are completely independent in how you run your business.