Sunday, July 17, 2011

NO Grants for Profit Seeking Start-up Businesses [Only for Non Profits]

Do not pay out for any support to receive a grant to start off a modest business. Grants do not exist for modest corporations Until the modest business operator wishes it to be a non-earnings and are ready to be audited and Supply that dollars to other individuals. [Which goes towards the function 99% of the time for opening a little business.] I have read hundreds of adverts from grant directory publishers and they consistently State "receive no cost grants [redundant considering that a grant is a no cost point in the 1st put].

The IRS makes it possible for, underneath quite constrained problems, a man or woman to set up a non-earnings enterprise to services, most typically, instructional support for displaced grown ups and For property makers and these support.

But for people who have a very good notion for a modest business and search for govt grants To fund their business, identical your grant directory dollars. Give to pay out no a single to Receive you a grant considering that this sort of grants are not for earnings in search of corporations.

I only have 38 yrs advising modest corporations proprietors and proprietors to be about obtaining their B usiness began and whilst there are dozens of methods of obtaining dollars, obtaining a grant Is NOT amongst them.

When you go to your preferred library, search for methods to purchase a business utilizing leverage and also search for methods to start off on a "shoe string" spending budget [promoting receivables is the #1 way] but do not look for no cost dollars, it is a waste of your useful time.

RE broker and biz consul

1 comment:

  1. In today's world there are a few systems that actually monitor the grant market for you so you DON'T have to and if your lucky enough to get in the know of one of these systems you can pretty much set your grant getting ability on auto pilot. Now in my research I've found tons of programs but only 1 that truly get's the job done.

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