Women Entrepreneurs Guide To Financing A Home Based Business

Women Entrepreneurs Guide To Financing A Home Based Business

(C)2005 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!



More Resources For Funding Your Home Business!



Free Money and Help for Women Entrepreneurs Over 5,000

Government Sources Of Grants, Loans, Venture Capital,

Management, Technical Assistance and Marketing Help.

http://www.smallbizbitsnews.com/advert2.html



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