Women-owned businesses are booming. The barriers for women who want to become entrepreneurs are breaking down a little more every year.
If you want to start a small business, now is the time. One reason is that there are many resources available to help:
- The Women-Owned Small Business Program (WOSB)Program
The SBA’s Women-Owned Small Business Program helps entrepreneurs launch their own companies and compete in the global marketplace with some of the best and brightest.
Networking is a great tool for anyone looking to start a small business. Seeking support from the community and other entrepreneurs is a great way to get your foot in the door and stay on people’s radar. Let people know about your business, and find allies in other entrepreneurs.
- Calculate Start-up Costs
Start-up costs are one of the biggest barriers for any entrepreneur. The key to making your business dreams a reality is to acquire a business loan. But make sure you’re asking for the right amount. Estimate the costs too high, and you’ll be unnecessarily requesting too much money which you will eventually have to pay back with interest. Estimate the costs too low, and you’ll run out before you’re ready. Take the time to do some financial projections, and calculate accurately.
Biz2Credit offers advice for women’s small business owners, including tips for financing. Visit www.biz2credit.com.