Tuesday, June 16, 2009

Home Based Business Start Up Funding Guide - Find Business Start Up Money Without Borrowing

By: Kimberly Kelly

This Home Based Business Start Up Funding Guide is a free resource, developed to help you find the business start up money you need to finance your home based business. The funding sources reviewed here are not intended to act as a comprehensive listing, but rather a quick start reference guide, to get you on the road to start up funding success.

For a more comprehensive listing, please seek the guidance of a Certified Start Up Business Consultant, specializing in alternative financing strategies and cost reduction methods.

Business Start Up Contests

Business start up contests may be worth your time. You can potentially win business start up money, recognition and free publicity, or valuable business services. Here are a few dot com contest sites:

  • StartUpNation – "Leading Moms in Business Contest"

  • Business – "What Works for Business Contest"

  • Ideablob – "Business Idea Contest"


Business Start Up Grants

Although it may be somewhat challenging to qualify for a government grant to start your business, consider private sector start up grants. This will require diligent research, but there are some private sector grant opportunities available to new businesses. Some don't even require a completed business plan – just a great idea. Check out the $1,000 Entrepreneurial Spirit Grant opportunity offered by Idea CafĂ© (BusinessOwnersIdeaCafe.com), to assist you in your quest for home based business start up funding.

Form a Strategic Alliance

Formulating a mutually beneficial strategic alliance, with a non-competing business in your industry or field of expertise, can save you thousands of dollars. If you have specialized skills or expertise in your field, join forces with a company which compliments your business.

For example, if you plan to start a bookkeeping service from your home, you may want to connect up with a certified public accountant. Or, if you are a Certified Start Up Business Consultant like me, you may have strategic alliances with an attorney and accountant. These relationships benefit you greatly by reducing a large chunk of your operating costs, thereby lowering your home based business start up funding requirements.

Bootstrap Financing Methods

All of the ideas we've discussed are free sources of funding, to assist you in your bootstrap financing plan. Did you know that there are hundreds of absolutely free resources that you can take advantage of, to help your home based business obtain the all important start up funding it needs to succeed?

If you're desperately searching for business start up money to finally realize your dream of successful business ownership without bank loans, consider the services of a Certified Start Up Business Consultant.

I work with people everyday who just didn't think that they had enough money to start a business. You can find the money you need to start your business TODAY – even if you have poor credit or don't own a home.

Start by claiming your free copy of "The Bootstrapper's Start Up Business Planner", by visiting my website.

©2009 Kimberly Kelly – All Rights Reserved Worldwide.

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