Resources are things you need to run your business: people, money, knowledge. If you don't have all the resources you need, then your business plan must provide for obtaining these resources: personnel recruitment, capital raising, and market surveys.

Raising capital is regulated by federal and state law.  To raise capital, you must be in compliance with these laws. Receiving an investment in any form from anyone who is not involved in management is a sale of a security.  This includes promissory notes, convertible debentures and stock, regardless of the dollar amount, your personal relationship or other factors. I have developed a comprehensive workshop series on Raising Seed Capital.  For more information on the workshop series, please contact me.  There are several good books available on raising capital at Amazon. Click here to review available titles.

People are necessary to run your business.  A team is a group of people with a shared vision who have committed to achieving the goals of the business.

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