I am trying to start a business and I don't have perfect credit. This
business is for the benefit of children and I believe a great investment. How
do I go about getting investors and or grants, etc....
JGabriel | Community Moderator |
1/2/2013 - 11:57 am
To learn about government tools and resources that can help you if you are starting a child care business, check out the following blog. Another approach that may be useful is talking to a mentor who could offer you specific guidance.
BizResearcher | Window Shopper |
1/2/2013 - 11:14 am
If you are planning to start your business as a for-profit one, you can
forget about grants. If, however, you can qualify as a non-profit, then
grants may be available. To become a non-profit you will need to apply to the
IRS. The process takes time and there is a cost, so be sure you can qualify.
Most start-up businesses are financed by the owners using their own money and
by securing loans from family and friends. Banks only loan about 50% of the
funds, so you need a source of the initial capital.
JGabriel | Community Moderator | 1/2/2013 - 11:57 am
BizResearcher | Window Shopper | 1/2/2013 - 11:14 am
forget about grants. If, however, you can qualify as a non-profit, then
grants may be available. To become a non-profit you will need to apply to the
IRS. The process takes time and there is a cost, so be sure you can qualify.
Most start-up businesses are financed by the owners using their own money and
by securing loans from family and friends. Banks only loan about 50% of the
funds, so you need a source of the initial capital.
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