Free Money to Start a Business – Fact or Fairytale?

Is there any validity to the claims that you can find free money to start a business? Is free business start up money a Fact or a Fairytale? If you've often dreamed of starting your own business, but just couldn't seem to raise the business start up funding to finally accomplish your goals, then read on. Let's explore the cold, hard facts versus the fluffy, fairytale fallacies.

As a Start Up Business Consultant, I am often asked how a new business can start, survive and thrive with limited start up funding. The answer is often too simple for my clients to believe -- Bootstrapping! Yes, you CAN successfully start and grow a small business on a shoestring. How do I know? Not only do I have the experience of taking budding entrepreneurs by the hand and walking them through the entire process, but I also have the experience of having done it myself. Therefore, I know it works!

Do Your Research!

Don’t just take my word for it! A necessary part of doing the required research for any new business venture is making sure you thoroughly check out your information sources. Anyone can claim to be an expert. Make sure you are truly dealing with one.

Now, let's uncover the fairytales and explore the facts.

Fairytale #1: Free money to start a business just doesn't exist!

Fact: You can absolutely find free sources of business start up funding, if you know where to look. Government grants are one, but they are very difficult to qualify for. My eBook contains numerous sources of free start up funding that I've put to very good use. These free resources help budding entrepreneurs unlock much needed business start up money.

Fairytale #2: You can't start a business without a bank loan!

Fact: Yes you can! Utilize free small business resources to eliminate many of your start up costs, and to greatly reduce ongoing operating expenses. Never borrow a penny unless absolutely necessary! Borrowing means you're starting off with a deficit. Not only will it take you much longer to profit from your business, but you also have the added worries of making loan repayments – and on time! Take my advice from past experience, don't borrow -- Bootstrap!

Fairytale #3: It's impossible to start a business with very little business start up money.

Fact: You most certainly can start a business on a frayed shoestring. The key is know-how. You need to know:

1. How to choose profitable, shoestring start up business ideas;


2. Where to find free sources of business start up funding.

You can make your dreams of small business ownership a reality -- even if you have little money, bad credit or don't own a home. Continue on your journey to start up success by conducting thorough research. You may also want to invest in an eBook to help you along. By doing so, you'll unlock the secrets for finding free money to start a business.

© 2009 Kimberly Kelly – All Rights reserved
This article may only be reprinted in its entirety, including author byline, bio and with all live links in tact.


About the Author:

Kimberly Kelly teaches new entrepreneurs the secrets for finding free sources of business start up funding through her ebooks, seminars and coaching services. She is the author of the popular selling ebook: the Start-Up Business Survival Guide: 101 FREE Products and Services to Help Finance Your Dream of Successful Business Ownership. Visit her website at http://www.StartUpBusinessSurvivalGuide.com