To fund your start up, one would have to get money in the usual way by finding clients and amass the money needed to start his or her own business or take out loans. However, you may be able to get funding that you do not have to repay in some other ways, such as through gifts, sponsorship, or grants. Nevertheless, loans are the main way that most people get the money they need to fund their startups. The kinds of loans most readily available would be from friends and family or from credit cards. 

The benefits of getting a loan from friends and family is that they are private investments in your company, they are specifically for your business, they are sized to your needs, and they usually have simple terms. The disadvantages of private loans is inexperienced lenders, which will not be providing a monthly statement to you, and the lender might expect additional benefits besides repayment from you, such as free work or a piece or some control of your business, The biggest shortcoming of loans from those you know is that if it goes wrong, your relationship with the family member or friend could be ruined.

The benefits of getting a loan through credit cards include more flexible borrowing, getting as little or as much as you like, the lender is professional and well-regulated, and they provide monthly statements for a more straightforward payment schedule. The disadvantages of borrowing from credit lenders is that they are unforgiving if you are having trouble repaying them, the loans can be expensive when you add in the interest and any penalties you amass, and if you are not disciplined, you can over extend yourself and be in over your head in repaying the money.

Setting prices for the design work done by a graphic designer can be difficult. Believe it or not, it seems as if most designers set their prices too low. One reason for this could be that designers are basing their work on a salary by adding up the hourly rates they may have received from a past job. Of course, they forget to add in the expenses that their former employer used to pay and so forth. Your hourly rates should be equal to approximately 2.5 of the salary rate to gain a more robust and fairer price for your services.

Finally, it was interesting to learn how you can get clients for your new business. First, always follow up on all past leads and religiously record the information regarding them, such as who you talked to, when, and why. Next, make a website and beef it up by adding a description of what you do on the home page. It should include the skill you are selling, the industry you will target, and the type of customer you will sell to. You should also include information about your credentials so that people can see why they could trust you with their projects. Finally, make sure your contact information is easily accessible and readily seen on the site. The video also pointed out that it might be wise to acquire work through  placement agencies to earn income, especially when you first start to freelance. Some of these positions tend to pay well and are available in your local area.