How to find money for your business
There’s no denying that to make money you have to have money. Growing and starting a business requires an investment of resources, time and most importantly money.
When it comes to investing in your business it’s important to think outside the box. In this blog we’ll share how to fund your business so you can do more of what you love.
Government Contracts
If you are a minority or female-owned business then there’s never been a better time to get government contracts. Governments routinely issue Request For Proposals for a wide range of services. All you have to do is know where to look!
We have released a Government Contract Guide, which gives you a little 101 on how to tap into these resources. In this guide we talk about the following topics: terminology you need to know, requirements you need to meet, and certifications you may need to have. We even include a sample RFP that you can complete! Our goal is to equip you with the right information so you can confidently access these resources. So make sure to click on the link to get started!
Secure a line of credit
Securing small business loans, credit cards, and potential investors can provide the capital you need to grow your business. There are many ways to secure lines of credit through a bank or having a business credit card on hand should cash flow be an issue. At Flourish Media, we have partnered with Capital One to help educate lending options available to small business owners. There are more options than you may realize!
Business Grants
A business grant can give you capacity to expand and grow your business. With a grant, you are not obligated to pay it back with interest like a loan, as it is free money from either the government or even certain businesses. Depending on your business and who you are, there are so many different businesses that want to help you and your business grow.
To find an expansive list of grants that are government funded please visit here. Minority Business Development Agency has grants and loans that you can apply to and you can find the requirements and ways to apply here.
If you are a women entrepreneur, you can also apply for a grant through the U.S. Small Business Administration for their Women-Owned Small Business Federal Contracting Program and check their requirements here.
The National Association for the Self-Employed has a grant that can get you up to $4,000 for your business. Check out here to join and to see if you qualify!
When it comes to funding your business, there are many options! All it takes is looking in the right places. For a complete list of options be sure to check out our business funding guide.
