Do you have a great idea? Are you planning on changing your dreams into reality and starting a business? Many often dream of starting a business with a stellar idea that came to them but are often side-tracked due to the lack of capital. No matter the type of business, launching it always needs capital. Raising enough funds is critical for any small business. It paves the way for it’s longevity and future success. One of the ways to achieve it is through the old gold sitting at home.

You may get overwhelmed by the options in the market. Some of the most popular ways to get capital are Savings, Personal Loans, Credit Cards, Bank Loans, Crowdfunding, Corporate Programs, etc. These methods provide you with adequate money. But they also come with additional risks.

You should not drain your bank account with the aim to fund your business. Many startups are not profitable for the first three months of their establishment. With self-funding, you get full control over your business. It is advisable to set aside a year’s worth of living expenses and then fund the business. However, even this money can run out, and you might need additional funding.

Similarly, loans also have several conditions. The loan amount gradually increases with the addition of interest. It can eventually become quite burdensome for the payer. Borrowing money from friends and family has no harm. However, even the closest relations can be affected when it comes to money, and it might create rifts between people.

There is no guarantee that the business will be successful, and it is questionable regarding how much return it will provide you. You may even fall in trouble with loan sharks and incur huge losses. Sometimes, the lack of adequate capital has also resulted in the shutting down of businesses, which had the potential to grow significantly.

However, all hope is not lost. You can still get enough money to fund your business and sustain your livelihood if you have old gold at home.

Gold is one of the most valuable metals on Earth and has been around for thousands of years. Humans have used gold as a means of exchange since ancient times. This precious metal has now become a necessity in every household in India and provides great help when people need money.

In times of need, gold has provided relief to several people. You can sell old gold jewellery in Kolkata in exchange for cash. Rather than just letting the jewellery sit at home and depreciating its value, it is better to use it to fund your business. This not only increases the scope of your business but also brings purpose to something that would rather be losing its value as time goes on.

Selling old gold is also a safe way to secure your finances. It requires little to no documentation to sell your gold jewellery. All you need is proof that you carry good-quality gold. The purity of the metal can be determined through various methods. You can check the old invoices and see the purity, or get it checked from Cash On Old Gold or any other reputed buyer.

Gold’s purity is generally distinguished in the following categories: 14K, 18K, 22K, and 24K. The higher the carat, the softer and purer the gold is. It is usually mixed with several other metals to make it more durable. This reduces the value of the gold.

Gold is valued at market price, so the higher the quality, the more value you will get. Exchanging cash for gold in Kolkata is easy, too. First, your gold jewellery will be examined by the buyer. (Make sure to visit a reputed store to avoid getting scammed). After the examination, the expert will determine the purity of the gold and ascertain it’s market value. You can collect the price in terms of cash or as a direct transfer to your bank account.

It is completely up to you to decide the source of funding for your business. You can either take loans and put your mental peace in jeopardy, or you can get cash for gold in Kolkata. Either way, capital is essential for running your business, especially if it is still in it’s initial days. Gold is just a way to keep it running and ultimately thriving.