FAQ (Frequently Asked Questions)
Starting a Business
Women's Enterprise can help you through every step, from startup research to feasibility analysis to networking for the established business owner. We suggest that you come in for an initial consultation. Click here to set up an appointment.
In spite of what you may have heard on television, there is NO FREE MONEY from any government agency or foundation to start a new business, regardless of your gender, race, or economic status. Most grants go to non-profit organizations or businesses that do research that is geared to crucial governmental projects. These grants are extremely specific in nature (for example: procedures for launching a satellite into orbit.) These funds are not available to those interested in opening common small businesses such as hair salons and restaurants. Most small businesses are started with personal savings, loans from "angels" (friends and family who invest), or small commercial and personal loans.
We strongly feel that each individual should write her or his own business plan, for who would know your business better than you? We offer classes and one-on-one consultation to assist you in writing your business plan.
Getting A Business Loan
There are conventional loans available, however, you need to do the research and write a business plan before approaching a lender. No one will loan you money strictly because you are a woman or a minority. Lenders don't care if you are male or female, young or old - they just need to know that you can pay the money back. A good business plan is essential because a business that does not work on paper is not going to work in reality. Women's Enterprise provides training in market research, developing business plans, and locating funding sources.
In order to qualify for a business loan, you will need a solid Business Plan with 2-3 years Cash Flow Projections, good credit history, and sufficient financial resources for a down payment.
Support Services/Classes
We offer business counseling, mentoring, and training to help you. Click here to register for any upcoming classes. Someone from Women’s Enterprise will be in contact with you to confirm your registration.
Women’s Enterprise does offer partial and full scholarships for clients that cannot afford a class. Click here to contact Women’s Enterprise about scholarships for classes.
Who Do We Help?
While our focus is women, all Women’s Enterprise services are open to anyone interested in developing their business. Because business ownership is NOT gender specific, our services are also offered to men.
Business Certification
If you are interested in working with any government agency, Women’s Enterprise offers certification courses to register your business with the local, state, and federal government. Certification is necessary if you would like to conduct business in the public sector.
Certification to do business with corporations is also available.
