Small Business Trends Radio

Places For Entrepreneurs To Find Cash For Business

Shirley George Frazier on Easy Places For Solo Entrepreneurs To Find Cash For Business.There are a lot of ways that business owners add to their financial arsenal. Tapping into your own income and borrowing from family members is one source that is commonly used but other options exist.

Our featured guest in this episode of Small Business Trends Radio is Shirley George Frazier, Author and Chief Marketing Officer of Solo Business Marketing. Shirley knows where the money is.

Here is a sampling from the show:

  • Business contests — are a new type of “grant.” Entering contests sponsored by large companies is one source of cash. Search for small business contests on the Internet. You may win some – you may loose some – but keep the information you submitted to reuse at later dates to enter more. And money isn’t the only prize. Computers, software, and the like are additional prizes to be won.
  • Business lines — of credit charge less interest than credit cards. Apply for a business line of credit prior to ever needing one. Establish a relationship with your banker and it’s possible that some associated fees may be dropped. Borrowing small sums at a time and repaying it before borrowing more money keeps monthly payments affordable.
  • Sponsorships — and partnerships are a method that you share with a company or another business owner to partner with you in your business. Create a page with links to companies that offer related products. In exchange for that link, a monetary sum will be paid to you by that company on a monthly basis. Build your traffic. More traffic, more money per link.

Shirley has more great resources to share with you along with suggestions for tapping into passive income earning generated from your web site. To listen to Shirley’s insights, click the player below to listen to the full interview.

And stay tuned at the end of the program for Today’s Trend: Why Being A Geek Can Help You Grow Your Business.

7 Responses to “Places For Entrepreneurs To Find Cash For Business”

  1. Cris Cohen Says:

    Thanks for the great tip! One thing you should remember when starting a new and profitable home based internet business people need to get involved with someone they know, like and trust!! Someone that can coach them and support them and help them get the resources for a start up!

  2. EJMalyn Says:

    I agree with you Chris. Getting involved with people you like and trust is a very big factor, someone there to cover your back. Thanks for the great tips Shirley.

  3. Amanda Says:

    Another great interview Anita. I would have never thought of entering contests to fund my business. I’m gonna try that!

  4. Solo Business Marketing Says:

    I’m so pleased to have been your guest, Anita, to provide business owners with ideas to find business cash in places not previously considered.

    Sincerely,

    Shirley Frazier

  5. Chris Says:

    Shirley had some interesting suggestions here. I never would’ve considered contests as a source of income, but I can see now that they can be very beneficial. Definitely worth exploring.

  6. Flora Morris Brown, Ph.D. Says:

    What a great idea, Shirley! I immediately searched for a few contests and blogged about them for my readers.

    Thanks for this program, Anita.

  7. Ilya Bodner Says:

    A lot of times business owners underestimate the true weight of strong business credit. Strong implies undeniably sturdy. Well-built, demonstrating strength, are both synonyms for strong business credit. Do not forget that lenders look for only the top performing companies to lend to – why would they take the unnecessary risk? If your companies business credit in not top notch then it is probably lacking strong business credit. With that said, do not think that your business must be the biggest on the block. On the contrary, small and well articulated businesses sometimes have a better chance at financing compared to the Goliath down the street.

    Strong Business Credit is measured through the business credit score reported at D&B (through the use of a Paydex Score) and, more importantly, it is measured by the business credit profile of the business.

    Sincerely,

    Ilya Bodner
    Small Business Owner
    Initial Underwriting Group

    *Breaking Down The Barriers To Small Business Financing*

    http://www.initialunderwriting.org
    http://www.strongbusinesscredit.com

Additional comments powered by BackType

 
Web Site by out:think