The government offers a variety of funding options for small businesses. Entrepreneurs and small business owners, both have the opportunity to realize their business goals by seeking this funding avenue. In a world where private lenders tend to shy away from funding small businesses, government funding has become a vital source of financing for them.
It is important to note …Read Full Article
Getting your new business off the ground can be quite challenging. In most cases, entrepreneurs lack the necessary capital or qualifications to seek capital from established private sources such as banks and venture capitalists. However, it is worth noting that you can still get the necessary funding to start a business by taking advantage of government funding programs.
In a …Read Full Article
Starting up, or growing an existing venture usually requires a huge cash input. Acquiring new assets and even hiring new employees calls for a cash outlay. In most cases, businesses usually approach lenders for the additional investment needed. One of the main requirements that most lenders have is for a detailed business plan to accompany funding applications. This means that …Read Full Article
As an entrepreneur, it is often hard to secure traditional sources of financing to get a new operation off the ground. Most entrepreneurs who are passionate about their business idea usually opt to go to friends and family members in a bid to raise the needed cash.
It is so much easier to raise funds to fund a start up …Read Full Article
If you have ever applied for a loan before, you must be familiar with the concept of a guarantee. This is the party which undertakes to repay the loan, should you fail to do so. Small businesses in Canada can be able to obtain financing from various lenders with the government acting as their guarantor. The government created this program …Read Full Article
The growth of the internet has brought with it new social platforms where people can share ideas, and even raise money to start a venture. This is exactly how crowd funding came to being. Basically, entrepreneurs pitch their idea to members of a crowd funding platform and a fundraiser is done to secure the money they seek as capital. This …Read Full Article
Most likely a lot of you have read the first 5 Essential Small Business Funding Strategies, and are getting excited and learning a lot. That is why this week we will let all of you know the next strategy (but not just one, but two strategies at the same time). Be sure to use them towards getting your small business …Read Full Article
When starting your small business in Canada, one of the first questions that often comes to mind is how much money do you need to …Read Full Answer
Over the last few weeks, this is one of the questions that has been popping up very often. Can people in Ontario get free money …Read Full Answer
Back for more are you? Well good!
The fourth funding strategy we discussed last week was very interesting and a lot of you sent in emails thanking me for the points. In case you missed it, you can read the points here on how to not neglect valuable funding sources.
This week we will be talking a bit more about …Read Full Article