600, RE: Has anyone heard of funding for the restaurant business Posted by bizdev, Mon Aug-18-08 02:37 PM
>>Ever since that late night infomercial popped up on tv >years >>ago offering a book full of free government money >(grants) >>people have gotten stuck on the notion that you can get >grants >>for anything, including starting or expanding a >for-profit >>business. There simply are no free handouts. >> >>Funding must be gotten the old fashioned way...hard work >and >>savings. Or family/friends pitching in with loans. Even if >you >>are able to qualify for SBA backed loans, you still need >to >>provide a good 30% of the cash yourself (along with >>collateral). >> >>That cool site is undoubtedly making tons of money off of >>people that are duped into buying their "guide" >>books. >> >> >>Sylvia >>http://smallbusinessstartup.biz >>Startup & Biz Plan Help >>http://smallbusinessstartup.biz/blog > >Unfortunately this is just not true. As someone that does >grant research for a living you don't have to take my word for >it. Just look at the grant programs that are listed right >here on the business owner's cafe site! I hardly think that >you could call this site a scam! >Rose Grant Basics 101 http://members.aol.com/Roseb441702/grants.htm
> > Usually when people are looking for grants for their businesses they are in need of big money. While $1500 from sources such as Idea Cafe, would no doubt come in handy, it's hardly enough to start a business. Plus the competition is unbelievable. The chance of winning such a grant is miniscule.
Funny how we never hear from your "clients" about all the grants that they've won.
Sylvia http://smallbusinessstartup.biz Startup & Biz Plan Help http://smallbusinessstartup.biz/blog
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