It takes money to Make money!!!

It takes money to make money in every aspect of owning a business. This is something I was taught in my undergrad program. This is something I am currently learning in my masters program. We all have dreams and visions and if you are an aspiring business owner you will need financing to bring those dreams and visions to life.

With the right business plan, Elevator Pitch you can obtain the right amount of financing and funds from investors who are just as inspired as you are to see your plan come to life.

There is funding for individuals from all economical class. For those who wish to seek funding and are low income in family size Opportunity Finance is an institute that provides private funding to individuals that come from many disadvantages communities.

http://www.opportunityfianance.net

Another funding for individuals with economical issues and distress communities would be Economic Development Administration E.D.A. The findings from this source is granted quarterly. EDA also has a trade and investment program which is to promote the Obama Administration’s Export Initiative.

http://www.eda.gov

There are many, many other companies that provide small business seminars and class about financing, and how to obtain financing and grants to fund their business. To qualify for some of these loans Income, Credit, and region can sometimes determine whether or not you will receive funding. Some lenders require you to have your business plan prepared and a host of other documents.

Disadvantages to some of the lending websites are the limitations for what you can and cannot due once the lender approves the funds. Then you the Advantages for using certain lenders such as low income, families that live in distressed communities.

My advice to new small business owners who wish to obtain funding is to make sure you do research, attend seminars that are available to individuals who wish to start up a business. As I stated in the beginning of the blog in order to be successful and in order to make money you must have a solid business plan and access to investors and funding.

Listed below you will find a host of websites that provides grants and funding for small business owners.

·               http://wwww.opportunityfianance.net/

·               http://www.microenterproseworks.org

·               http://www.cdfi.org/

·               http://cfed.org/

·               http://www.eda.gov/

·               http://www.fistnations.org/default2.asp?id=69

·               http://www.oweesta.org/

References:

www.instantcreditapproval.com Retrieved January 14, 2012