Getting Money to Start a New Business

 by: John Mussi

Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be considering a loan from a bank or other lender; you should keep in mind that there are some other alternatives for funding that might serve you well in addition to traditional loans.

Of course, before you can do much work toward getting the money that you want you'll need a business proposal and you'll have to be willing to consider a variety of different funding options.

Drafting a business proposal

The first step toward getting the money that you need for your new business is creating a business proposal. This can require a lot of research and estimations, as it should include sections on how much money you'll need, how much money you hope to make, what competition you'll face, what equipment and training your employees will need, and other statistics that may vary depending upon what sort of business you're planning on opening. It's best to do additional research on business proposals, so that you know that you haven't left out anything that's vitally important.

Business grants

Once you've created your business proposal, you should begin looking for business grants that you might qualify for and begin submitting applications. Business grants work much like a business loan, with the exception that the money issued with a grant does not have to be repaid. Any business grants that you can receive will be a great boon to your business, as it means additional funds as well as the knowledge that someone believes that your business will succeed.

Business loans
  (continued...)

Getting Money to Start a New Business
  Page 2

About The Author John Mussi is the founder of Direct Online Loans who help homeowners find the best available loans via the www.directonlineloans.co.uk website.

Additional Resources

category - Applying for a Grant

What You Need To Know About Grants.Gov
Grants.gov is one the largest websites that features at least 1,000 grant programs from 26 different federal grant-making agencies in the United States.

---

Grants from the Federal Executive Branch of the Government
In this article, you will learn about the different departments that comprise the Executive branch of the government and how these departments can serve you.

---

Origin-Destination Database of Border Traffic Flows for Transportation Planning
The Federal Highway Administration has recently announced a cooperative agreement entitled, Origin-Destination Database of Border Traffic Flows for Transportation Planning, to support Ontario's Ministry of Transportation in conducting training workshops focused on data collection, and the process of understanding and maximizing the use of the data collected.

---

Zambia Economic Resilience Program for Improved Food Security
The Zambia Economic Resilience Program for Improved Food Security is designed to implement innovative techniques and approaches that would hopefully enable the community's most vulnerable and poor rural families to improve food security by strengthening their economic resilience.

---