Once your homebased business is up and running, you'll find
there are more funding options available to you. Say you've
been successfully marketing your company on a regional basis for
two years, and you need additional funding for growth and expansion
to reach national audiences. You'll find a warmer reception
from traditional funding sources, provided you're prepared to
look beyond your local bank. Contact the SBA (800-827-5722) or
visit their Web site (http://www.sba.gov) for information on SBA-backed
loans. You can also search the archives of Entrepreneur
magazine (http://www.entrepreneur.com) for
its annual feature on the best banks for small businesses, which
includes information on banks that make the largest number of loans
to small businesses.
No matter whether you have outside loans or are financing your
business on your own, don't let limited funds stand in your
way. I know one successful home business owner who had to borrow
subway fare from her babysitter to visit her first prospect. There
are all kinds of creative marketing strategies that will take your
business to the next level.
Bringing Home The Business can be found at major bookstores
nationwide.
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