The Money Chase - Advice and Tips For Financing Your Women Owned Business
Articles, tips and advice on financing your women owned business idea - the money chase! Where to Look for Startup Financing including information about free government grants and how to acquire growth capital.
This is not your mother's woman-owned business. The number and size of women-owned firms have increased significantly in recent years, and today's women-owned firms generate $2.3 trillion in revenues and are just as financially strong and creditworthy as the average U.S. firm, according to the Center for Women's Business Research.
Yet, many women still have trouble financing their businesses. According to a 2002 survey conducted by the National Women's Business Council, more than half of women business owners found it difficult to secure capital to start their businesses.
Clearly, there are avenues around the financing obstacles. Whether you're starting a small, home-based, service business, or a high-growth corporate business, there are plenty of financing options available. The trick, our experts say, is doing your homework and knowing where to look.
Guide To Free Government Grants
If you are thinking about going into business for yourself, or wanting to expand an existing business, you should rush for the world's largest "one-step-money-stop" where FREE MONEY to start or expand a business is being held for you by the Federal Government.
It sounds absolutely incredible that people living right here in the United States of America wouldn't know that each year the world's largest source of free business help delivers:
- Over $30 billion dollars in free grants and low interest loans;
- Over one-half trillion dollars in procurement contracts;
- Over $32 billion dollars in FREE consulting and research grants.
Women Entrepreneurs and Growth Capital
From Money Matters
by Molly Tschida Brennan, in NAWBO's Entrepreneurship Trilogy
As you begin to think about growing your company, remember there's no right or wrong path to follow. Each business has unique characteristics and goals, meaning no two will approach growth in exactly the same way. And there are nearly as many ways to grow a business as there are businesses themselves. Maybe you're looking to penetrate a new market, for example, or add a new product or service, or buy a new facility. It could be you're expanding overseas, or thinking about acquiring a competitor's business. Or possibly you've landed a big client and simply need working capital to fulfill the contract. Or maybe you aren't sure what your plans are, but think your business has the potential for more.
Where to Look for Startup Financing
From Taking an Idea to Market, by Molly Tschida Brennan, in NAWBO's Entrepreneurship Trilogy
This is not your mother's woman-owned business. The number and size of women owned businesse have increased significantly in recent years, and today's women-owned firms generate $2.3 trillion in revenues and are just as financially strong and creditworthy as the average U.S. firm, according to the Center for Women's Business Research.