If
you as a woman own 51% or more of your business or business start up it is
considered a woman-owned business and as such qualifies you for a variety of small business grants for women. The beauty of
going this route instead of the more well known bank loan
or finding
willing investors route is the simple fact that business grants do not need to
be repaid.
This
of course helps relieve the stress of paying back that loan or the group of
investors that fronted you the money to get your business off the ground. Being
able to concentrate solely on your business without worrying about cash flow is
a sure fire way to ensure its success.
This
is important when you consider that the vast majority of small business
start-ups are being done by women every year. Not only that but women are also
75% more likely to succeed in their business venture then men are. Because of
this there are more and more resources becoming available for the woman who
starts or owns her own business. Everything from loans to free
business plan help and tax strategies can be had for any woman in Australian Small Business.
When
considering getting grants for women owned businesses there are four things
that can make the process quicker and easier.
1.
Create a workable business plan -
This can be the most important part of any new business start-up. In fact most
grant applications require a business plan so that the grantor can make an
informed decision as to who receives a grant and who doesn't.
2.
Grant research - There are literally
thousands of government and private grants
available to women business owners. Some are for specific areas of business
while others are more general. It is also important to find out what the
requirements for each grant you may be interested are.
3.
Hire a professional - Finding an
accountant or lawyer who is familiar with the grant request and application
process can greatly increase the chances of success. They can help with
everything from building the business plan to double checking all the paper
work before it is submitted to the granting agency.
4.
The internet - There are many
websites that help the woman grant seeker find the grant or grants that she is
looking for. They also provide an abundance of information on successfully applying for
the different grants that they track. These sites can be a
great resource for the woman trying to start a new business.
Finding small business in Australia grants for women can be done quickly
and easily on the internet. To successfully apply for those same grants will
take some time and effort but the payoff is well worth it when you consider
that the government and private organizations are giving away billions of
dollars every year.
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