One problem women entrepreneurs often encounter is where to
find funding for their business venture. Check out the
following list for a few ideas.
Title: Women Entrepreneurs Guide To Financing A Home Based
Business
Author: BB Lee
It's a fact, over 66 percent of new business owners are
women. And did you know that women entrepreneurs are 75
percent more successful than their male counterparts at
managing and profiting with their own home based business.
One problem women entrepreneurs often encounter is where to
find funding for their business venture. Check out the
following list for a few ideas.
Job Revenue: That's right. Don't quit that day job just
yet. Many women start their home business part time while
still working at a full time outside job.
Personal Savings: Many women home business owners look to
finance their venture with personal bank account. Or other
personal resources such as savings bonds, stock, etc.
Credit Cards: More women than you might think fund their
startup with their credit cards. This is risky, but a quick
way to fund your business.
Friends and Family: Many women entrepreneurs look to
friends and family when starting a new business. Often,
money is loaned interest free, which is to the business
owners best advantage.
Banks, Credit Unions: Prepare a good business proposal. The
bank or credit union might consider you a good loan
prospect and fund your business. This might be a long shot
because many of these institutions will not consider the
business owner unless they have a proven track record or an
established business.
Garage Sales: Start spring cleaning. Clear out those
attics, basements, closets, of all unwanted items. Garage
sale profits might easily fund your complete startup cost.
Ebay Profits: Register with Ebay, the online auction site.
Your trash could easily be someone's treasure. Heh, you
might even consider starting a business selling items on
Ebay!
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