In today’s economic struggles many small business owners are struggling to keep their dreams alive. That is of course, keeping their businesses open. One thing that many owners are now doing is trying to find free business money.
A lot of times, you will run across a lot of “bogus” information and have to weed through a lot of junk, especially if you are searching for free business money on the internet. For the past several months I have been on the hunt to locate the best sites that may help others in locating funds.
I am sorry to say, that well, there really isn’t any to be found. You will have to work in some ways to find the money you need. I do apologize but we need to be honest with ourselves and other companies need to be honest with us as well, money doesn’t grow on trees. To get free business money, you will have to work. In most cases it will be to spend many hours on the internet doing the research or signing up with many different sites that may claim they have the funds to help you only to get let down.
The first place to check would be Grants.gov This website will give you in-site as to the different grants are available. But, one must realize, most grants are actually set up for non-profit organizations. So if you are a for-profit business, you will have difficulty. There are a lot of companies offering software “free”, it isn’t, that will list grants for-profit businesses. I honestly have not found one yet, I have been researching for a grant for well over 2 years now, if there is free business money available through a grant, it would be a miracle and a blessing. So if you find one hold on tight to it. You lucked out.
It is said that there are a lot of offers if you are a woman and open a business, frankly, this isn’t true, women are having just as many troubles finding the funds as well. The banks are frightened, most investment firms are also frightened this is mostly because of what has happened on Wall Street with all of the stocks etc. One analyst stated that he felt this would be worse that the “Great Depression”.
There is one website that is called Prosper.com this site is geared to help you find a way to get money as well, but, you can only have a listing for a few weeks. They encourage you to contact friends and relatives to help secure a loan through them or maybe even through someone they may know, prosper will help take care of the rest. Trust me, if you don’t have money, 10-1 they don’t either and this might not work for you.
You could try to work with many of the different companies on the internet that will set you up with a free website and see if you can generate funds that way, but again, it is work, and you will have to work to get the money.
As the saying goes; “You have to spend money to make money.”
By: Candis Reade
Posts Tagged ‘Stocks’
Free Business Money
January 6th, 2010Stock Trading – The Easiest Way to Make Money In the Stock Market
December 12th, 2009
Simple is good and easy is good too. If there is a way to make money in the stock market that is easy and a way that is hard, which is better? The easy way. Right? So what is the easiest way to make money in the stock market?
Well, I have my personal opinion, and I’d be happy to share that with you.
The easiest way to make money is to sell calls against solid stable companies. Covered calls are the easiest way to make money in the stock market. Now that said, there is a lot of misinformation about covered calls trading out there. I’ve heard people like Wade Cook saying that you can make 20% per month trading covered calls. Well, good luck at that. It’s really hard to do that. You have to only trade really dangerous stocks to do that.
Also there is misinformation that that they only work in a bull market. Again not true. At least not if you do covered calls right.
So, let me tell you about the right way to trade covered calls. Here’s how. First ignore the stocks that give you the high premium. The premium is high for a reason. The stock is very volatile. You don’t want that. You want the stock to be quiet.
So stick with companies that are large and are profitable themselves.
That’s the key to make money. Sure with those kinds of companies, the option premium will be much smaller. You won’t be able to make 20% per month. You might only make 3%, but annualized that’s still 36%. That’s good.
By: Nathan Pennington