Learn How To Obtain Minority Business Grants - Minority Small Business
Grants or Black Business Grants.
Top
Link:
Paint a Picture of Your Success with Carol's Art Shows. Acquire fine general,
ethnic and African Art from contemporary artists. Start an independent
Art consultant business. Raise money for your favorite church or charity.
Check out the art and opportunities at www.carolsartshows.com
Check
Out the Digital Divide Bulletin Board for:
Black
Business Grants
Minority Business Grants
Small Business Grants
Small Business Loans
Black Business Loans
Minority Business Loan
Minority Scholarships
Grants for Black Women
ClicK Here your Internet
business or Off line business by taking these:
Power Moves for
People of Color
News Wire
Under Construction
|
"Special Report"
Financing Your New Business Page 4
__________________________________________
This Information Sponsored
by:
Ebiz
by Design
For Promo - Sales Copy - and Design To
Enhance Your Bottomline.
__________________________________________
"Free
Money"
How Women Finance a Small Business
"Free Money" Is it true or is it hype? It is a fact that millions
of women are starting small/home-based businesses each year at twice the
rate of men. Everyone wants a freebie and every where you look there are
ads screaming "Claim your share of "Free Government Money".
However, are these ads making false claims? If you have tried searching
for this free grant money then you know that finding grants can be like
searching for a needle in a haystack.
There
are many options available to women starting or growing a small business.
The three most, popular financing methods women choose are:
1. Credit
cards
2. Grants
3. Loans
Of course,
some of these options may not be suitable for everyone depending upon
your personal circumstances. The first step to seeking
capital is to determine your needs and goals. In order to help insure
your future success you need to have a business plan. You should not jump
head first, into any business venture without giving it
considerable thought. Just as a mechanic needs tools, you also need tools
to get the job done. Prepare yourself by arming yourself with the proper
tools.
Your
Power Tools:
1. Business
Plan
2. A clear vision of your business (Your goals)
3. You may also need collateral! (If applying for a loan)
4. Personal skill/knowledge of your business
5. Communication (Ability to pitch your idea!)
6. Personal commitment
Some
of the tools just mentioned may, require that you educate yourself a bit
more and some require that you spend more time clarifying your ideas.
Each of the three popular financing options
has pros and cons.
Credit
cards: They can be very useful if you only need a small amount of start-up
capital, $1,000 or less. They allow you to gain access to funds immediately.
Many home-based businesses got their start with the help of Visa/Mastercard.
One of the main drawbacks associated with this option is the cost involved
in using this line of instant credit (APR, finance fees etc.).
Grants:
Grants are a wonderful funding resource however; you should know the facts
before you dive into what may be some very deep water. Grant seeking is
a process and it requires at least some general knowledge in order to
be successful. For those of you looking for, free grant money you have
got your work cut out for you. Grants are not free unless you consider
spending hours, weeks or even months of your time researching and writing
a complete grant proposal free. If you are a true entrepreneur, you certainly
know that your time is
worth money and your personal grant seeking is a non-paid job with no,
guarantees! The main drawback here is that grant funding can take
anywhere from three to 12 months. Are you in a position to wait that long
to get started?
Loans: The most traditional method of small business financing. Government
loans have established numerous women-owned businesses.
The government makes these loans available through The Small Business
Administration to help encourage business ownership. If you need
$10,000 or more for startup this can be a great option as they also provide
a support system to help you manage and grow your business.
You will have access to the (Score program) of retired executives who
volunteer their expertise to assist small business owners. The main drawback
with these, loans are the fact that you must qualify for the loan. Your
personal credit history will be considered and in some instances, you
may need collateral. You will also need to invest some
of your personal funds in the business and most importantly, you must
have a solid business plan.
Whether you are applying for a loan or a grant, part of your business
success will depend upon your willingness and ability to invest in your
business. This investment may mean time, money or as in most instances,
it includes both. Educating yourself is your best bet; you can read a
book on the subject, search the Internet or purchase other
educational materials. All of these choices require a financial investment
of some sort. Real entrepreneurs recognize the old adage "It takes
money to make money". If you are one of those people who find it
difficult to part with a few dollars you may want to reconsider your idea
of owning your own business.
The
most successful women entrepreneurs are risk takers they love a challenge
and they are willing to invest in their business and in educating themselves
to insure their future success. Stop looking for freebies, they are not
worth the time and effort it takes to find them. Instead, spend your time
and money wisely. Look for resources that provide long-term benefits.
Business support groups, mentors, books, training, membership in women's
organizations etc.
------------------------------------------------------
Copyright
©2002, The Ladies Club 2000.com
All right reserved
------------------------------------------------------
__________________________________________
Could
You Use Additional Income?
Learn
to Earn Significant Income Representing Products that almost Every Business
Person or Professional Needs -- FREE!
I make my Personal
Recommendation that These Products are the Best Online Marketing Products
of their Kind. Kamau Austin
__________________________________________
Back
to Special Report Start Page Click Here
|
Discover
How Women can a Finance a Business at Einfonews.
"Editors Choice"
Dynamic Resources
and Tools To Help
Build
Your Web Business
View
these Resources
for Unstoppable E biz
Success!
The Best of the Best ...
Planning
Your Internet
Marketing Strategy
by
Dr. Ralph F. Wilson. See the Book
Review.
Order
from Amazon
SiteSellit!
by
Dr. Ken Evoy, This Ebiz Primer is considered
the
Bible for Running a
Successful Web Business. Absolutely the Best
e business value
available in e book form.
Click
for More Info
Search
Engine Fast Start!
by Dan Thies. This E book
has helped me make
incredible gains in my
search engine promotion
and ranking. I give it my
Highest Recommendation.
See the Book Review.
Web
Commerce Today
-
Sign Up for this web newsletter and Business Article Database of over
5,000 Resources by
Dr. Ralph Wilson one of
the Internet's Top Marketers. Sign
up Now
Word
Tracker the
Ultimate Search Engine
Keyword Research Tool
Get
More Info Here
Hot
Link
www.3ammagazine.com - "From 'cutting edge short fiction' to political
satire and music reviews, 3AM is a dream publication for the young, literary
and clued-up..." - Times London
|
