Search Our Online Directory

Be the Boss, Start a Business Now

Do you dream of being your own boss? Do you have the next big idea? Yes, the economy is rough, but the worst times often come just before the best of times. Now is the best time to take advantage of government grants to be an entrepreneur and start your own business. Being successful in business involves having the courage to take a chance.

The first steps to starting your own business is to believe in yourself and then do your homework. Do not be intimidated. To start, understand the kind of financial assistance your business will require. Simply figure out what costs are associated with your business and list them out. Once you have an estimated figure, then it is easier to figure out the kinds of financial assistance you will need for your new business.

The U.S. Small Business Administration is a great place to start if you plan to own and grow a small business. Check out for more information. This government entity can help you achieve your goals with guaranteed loan programs such as the Special Purpose Loans Program or the Rural Lender Advantage Program. The SBA is a great resource for loans.

Small business owners can typically find grants for their businesses through the state-level form of government rather than at the federal level. Be sure to check out the website for your state to learn more about these opportunities. For example, if you are a small business owner in Michigan, then now is the time to take advantage of government grants.

Back in 2004, Governor Granholm introduced the Emerging Business Fund, a pool of money used to support small business innovation and research. Michigan residents can receive up to $15,000 matched from federal funds received through this program. Florida is also another great state literally handing out government grants to help business owners with their start-ups. The program to further research in Florida is called "Enterprise Florida." Do a quick online search of "Enterprise Florida" and you will find yourself in a very good position to make your business dreams come true.

Other people to ask for financial assistance in the beginning stages of your business are family and friends. Obviously, these will be some of your best resources and will typically be the most encouraging of your desire to become a business owner.

Be sure to check out the for more resources, and remember, don't give up! Even though the economy is rough, it will bounce back and businesses will thrive. You don't want to miss your chance to be part of what could be a great revival of the economy.