When can enterprises choose personal savings, money from relatives and friends, angel investment and partner funds?

Seed development period. Seed stage refers to a newly established start-up company, which is usually in the stage of product development and business model verification and needs financial support to promote business development. However, due to the lack of stable profit model and high risk, seed-stage startups face a series of challenges in the financing process. Because its financing scale is relatively small, it usually needs hundreds of thousands to millions of funds. Only through personal savings, money from relatives and friends, angel investment and funds provided by partners can the initial venture be started.