1 Have a plan. Before you approach anyone for money, create a solid business plan. There are many books that detail how to write your own business plan, or you may want to hire an experienced writer. People want to see that your idea is not just a passing daydream--that needs and risks associated with it have been thought out! 2 Decide how much money you will need. This depends on the type of business you plan to run, and you may also need time to run your business before you turn a profit. Figure out how much of your startup funds can contribute to your daily living expenses until you are able to earn a steady income. Your monthly living expenses should be combined with variable expenses like food and clothing for a period of six months and presented in your business plan. 3 Determine the type of funding. Once you know how much money you will need to run your business you need to choose the best way to get that money. Many entrepreneurs with excellent credit should begin with a trip to their bank to meet with a loan officer. Other options for startup business needs include: Commercial Financing. These loans assist with the financial needs of a new business, including working capital, inventory purchases, account receivables and payroll. Commercial finance loans usually require some assets to stand as collateral. Real Estate Financing. These loans are provided to assist with the new construction or the purchase of a building for your book. Equipment Leasing. This financing assists with the purchase of equipment needed for the business. Small Business Association Loans. Though the SBA won't give you a loan, they do help guarantee a loan using funds provided by the U.S. government to provide working capital for small businesses. There are a variety of programs available, but you still need to get a loan from another funding source. Credit Cards. Many businesses are built on credit, but you have to tread cautiously here and be careful not to ruin your credit by overspending. 4 Find an outside investor. From a "real" investor to family and friends, explore other routes of financing to help get your business off the ground.