Starting a business or getting a business to grow beyond its initial year can be challenging, especially when funds are an issue. This is why a lot of small business owners often use up their own savings to fund their business. Others use their credit cards, or take out a loan. The downside to this is that they will incur interest while they repay their debt. This can make it more difficult to funnel all your resources into improving your business.
Luckily, business owners can turn to grants. Grants are funds that are awarded to individuals or groups that do not require repayment of the awarded amount.…Continue reading