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.
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.
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.
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 Government Grants Resources
National Institutes of Health funds the Improving Adherence to Treatment Regimens for HIV-Positive Adolescents and Young Adults The National Institutes of Health has recently established a program entitled Improving Adherence to Treatment Regimens for HIV-Positive Adolescents and Young Adults wherein they intend to kick-off research studies that will create, implement, and evaluate both old and new interventions that are geared towards improving adherence to medical and behavioral regimens for HIV-positive adolescents which are 11 to 21 years old and adults who are 21 to 24 years old. US Environmental Protection Agency: Russian Arctic Black Carbon, Reduction of Black Carbon from Diesel Sources The Artic Black Carbon: Reduction of Black Carbon from Diesel Sources project offers a funding opportunity to interested applicants as they work towards assessing primary black carbon sources in the Russian Arctic. Health Resources and Services Administration: HIV Care Grant Program, Part B Part B of the HIV Care Grant Program is designed to develop or improve the people's access to a comprehensive continuum of high-quality, community-based care for low-income patients diagnosed with HIV. Basic Cancer Research in Cancer Health Disparities Grant Program The National Institutes of Health has partnered with the National Cancer Institute(NCI) in an effort to establish the Basic Cancer Research in Cancer Health Disparities Grant Program wherein both agencies seek to solicit applications from eligible investigators and researchers who are interested in conducting basic, mechanistic research concentrating on the biologic/genetic causes of cancer health disparities. The Basics of Finding a Loan for People with Bad Credit If you've ever tried finding a loan for people with bad credit, you might think that it's impossible. Everywhere you turn, it seems as though there's nothing but rejection to be found. Don't give up,... Enhancing Awareness of Transportation and Transportation Careers Program The Federal Highway Administration has recently established the Enhancing Awareness of Transportation and Transportation Careers Program wherein it seeks to solicit applications from eligible entities who have the desire to utilize the advances in technology in the noble process of informing and teaching middle school, high school and community college students and faculties regarding transportation and transportation careers. Fostering International Research on Women in Public Service The Bureau of African Affairs has recently established the Women in Public Service Project wherein it aims to build a generation of women leaders who will be willing to invest in their countries and communities, offer leadership services to the government, and work towards the potential of changing the way global solutions are developed.