There are many ways to find financing for a start-up business offline as well as online. Before an investor will offer money, there are important tips an eager business owner should follow in order to obtain money.
One website that will provide desired financing is the Opportunity Finance Network (www.opportunity finance.net). This company is focused on linking CDFI's to finance low-income people living in urban, rural, and Native communities in order to help them "join the mainstream." The type of financing that is described on the website focuses on "loans and investments that range from $100,000 to $3 million, in terms lasting from 3 to 10 years." In order to qualify for financing, a person must fall into a category of low-income or low-wealth in an urban, rural, or Native community. Opportunity Network is striving not only toward lending, but also toward knowledge sharing through conferences, relevant industry information, and availability to donate.
Other websites, like Associantion for Enterprise Opportunity (www.aeoworks.com), focus on microenterprise. They encourage entrepreneurship through new initiatives. AEO focus on Voice, Catalyst Initiative, Capacity Building in the Southeast, and Green Economy. Voice refers to AEO's effort for awareness, interest, and impact of it's members and small entrepreneurs. Their Catalyst Initiative is geared toward spurring growth of micro enterprises in the US. The Capacity Building in the Southeast is aimed at pushing effectiveness and efficiency at the state and national levels regarding advocacy and operations. Lastly Green Economy identifies planet friendly opportunities. New entrepreneurs can find financing by linking up with micro enterprise organizations and being mentored through the process of developing a business plan and the necessary information needed to create the big picture of a start-up. Through AEO and their partners, members (after paying $250) are included in a network of small business owners with acess to help in order to grow and prosper. AEO provides relevant industry information, with goals of helping their members reach financial stability.
These are two of many websites aimed toward small business financing and support. Getting help through other corporations or even learning the process in school will help entrepreneurs become successful business owners.
No comments:
Post a Comment