Sole proprietorships are not companies – you cannot sell shares to investors to raise capital. _ Most times, you'll be relying on your own resources, such as savings and retained profits, as well as bank loans and credit cards to raise the money you need.
Sole traders and partnerships have a range of options to get finance: personal savings, retained profits, working capital, sale of assets, and bank loans. Put simply, personal savings is the the amount of money a person has at his disposal.
