What a great time to be a woman owned business right now. There are government give-aways, grants, special loan programs, and now easy to get set-aside lucrative government contracts to have. All you have to do is fill out the form and you are in. And it’s all paid for by the taxpayer, so you get free money, easy loans, and lucrative government SBA contracts ready to go. Guaranteed success all paid by the government.There was an interesting article not too long ago in Government Executive Magazine (first posted to their website) titled “After Delays, Women’s Small Business Contracting Program Debuts” by Robert Brodsky on February 4, 2011. Finally it stated;
The amount for small business grants is $100,000 so that women are able to start their business and be economically independent. There are so many women who are divorced or are widows and have children to take care of. These are genuine and need help to start a home business or any small business that they are capable of. This is also important for women, who are school dropouts or have not completed their studies due to any reason, and want to have their own business to support their families. The government has also given away awards to women for presenting any new business idea so that they get encouraged to proceed.
First of all, you need to calculate the amount which you need to collect from the banks or other financial sources. This calculation should be the sum of the total expanse and the estimated revenue of the first year. Thus you can avoid the financial problems if your business does not go well in the first year.
The United States government should close the SBA completely, it’s nothing more now than a “politically correct” pansy ultra-left agency whose direction is being steered by politicians with communist and socialist mindsets in my OPINION (which is based on 30-years of carefully following everything the SBA does). How can the government on one hand claim it wants fairness to all small businesses with no favoritism or discrimination, and then say; “Only Women Businesses” can bid on these juicy contracts we’ve set aside?
Third point is before making any step as a first time entrepreneur you should consult with the local SBA or small business administration for help. And they may not provide you the fund but, they can give you valuable Small Business Grants Loansdirection for your small business. These steps are necessary for every young entrepreneur before start their small business.
Learn more about Small Business Grants Loans.