Are you in the midst of starting a business? In this case, you know that startup funding is very important. While some businesses require more money than others, most need some level of cash in order to get started on the right foot. Although you may be confused at where you are going to find enough money, there are several options to consider.

Before we go any further, how much money you need is based on your particular business as well as what you are trying to accomplish. Only you know how much money it will take to get up and running. It goes without saying that you need to have an idea before you get started.

Here are five details to remember:

1. Have a section for funding in your business plan. This way you know exactly how much money you need, as well as a better idea of where it is going to come from. This does not have to be a detailed section – just enough to show you the way when it comes time to raise money.

2. Use your own. Before you ever turn to outsiders you should consider how much of your own money you can throw into the business. After all, you cannot expect others to buy into your idea if you are not willing to spend your own cash. Of course, if you have a partner they will also be able to contribute.

3. Venture capital, angel investors, and friends and family. These are all great options when it comes to funding your business. It may be easiest to get money from friends and family, but at the same time they may not have as much. If you don’t mind giving up some control, consider chasing after venture capitalists – you may be surprised at how much money is out there.

4. Try to get by with less. It is easy to think that more money will help you reach your goals in a shorter period of time. Unfortunately, this is not always the case. In fact, you may find that more money is actually bogging you down because you don’t know where to start.

5. Invest the profits back into your business. As your business begins to earn money you should think about taking some or all of the profits and reinvesting. This is a great way to not only grow your business, but to ensure that you don’t have to rely on outsiders over the long haul.

So, how much money do you need to start your business? Once you know the number, use the tips above to go out and find the cash!