Retirement Entrepreneurs Blog

Comments, rants and tips on baby boomer small business ideas
and working after retirement.

Author: Ingvar - Retiree In Training  

Working after retirement

Need a grant to start your new business? Many grants are available for businesses, and many would-be business owners have no idea that there are billions of dollars available from many different sources. Over $150,000,000,000 is available for small businesses, and you can apply for as many grants as you want. You don't even have to worry about having bad credit - there are no credit checks. For government grants, you don't even have to pay back the money. This is unlike loans where you have to pay back the principal plus any interest on the loan. It's not easy to get a grant to start your new business, but it is possible if you know where to look and what the procedure is.

The government knows how crucial businesses, especially small businesses, are to a thriving economy. The more successful businesses you have, the more jobs you have. The more jobs, the more money people have to spend. The cycle goes round and round just like that. As you can see, the government has a vested interest in the success of your small business. Grants can cover start-up costs, overhead expenses, salaries, financing equipment, and training employees among other crucial business expenses.

Some grants are geared towards minority individuals such as women or certain ethnic groups. Over half a million female entrepreneurs start businesses each year, and there's another little known fact. Women are successful at business - more successful than their male counterparts. The success rate for a woman-owned business is 75%, which is much higher than the success rate of the average start-up business. There are thousands of local, state, and federal organizations that routinely give out money to women in the form of grants. Some programs are for the disabled, the unemployed, people who want to start businesses in rural areas, and women who want to start daycare centers.

Some grants for business also provide business consultation and expert advice to increase the success of the business. You don't have to be in the U.S. in order to get grants. Grants are available in Canada and the UK, also. Once you know that this money is available for start-up businesses, the next step is to find out exactly what grants are available, which ones you meet the criteria for, and then go ahead and apply for the grants. Grant applications are very specific, so you must be sure to carefully read and adhere to all requirements listed on the business grant.

comments (0)

post comment

your name*

email address*


verification code*


Retirement Entrepreneurs | Retirement Business | Retirement Jobs

Retirement Income