Small Business Resources
Starting a business can be a chaotic and tumultuous experience, to say the least. But there are new Small business resources available, including angel investment, venture capital, business accelerators and business loans along with companies that offer business solutions that can help ease the pain for startups. The resources are there — it’s time for you to harness them.
The U.S. Small Business Administration reports that small businesses have generated 64% of net new jobs in the country over the past 15 years. This has helped created a favorable environment for entrepreneurs who are able to more easily receive help through venture capital and angel investing. “The beginning of 2010 to now, access to capitol has really blossomed and a fundamental shift in angel investing has fully taken hold,” according to founder and CEO of UBER, Travis Kalanick. And, as research firm CB Insights notes, “Venture capital investments rose 19 percent, to $21.8 billion in 2010 — the first annual increase since the downturn.”
Get Small Business Resources for your company
So funding isn’t as much of a problem anymore, but starting a company is still a major undertaking. However, even if you know next to nothing about starting a business, you can take advantage of resources like business accelerators that help entrepreneurs by putting around “$25,000” in a company in exchange “for a 6 percent ownership stake.” These companies act as a type of mentor for entrepreneurs, taking them through the process of building products and learning essential business skills.
With all of these resources at your beck and call, why not jump on in? The time is right, and you have the tools to succeed.
By James Kim
Bio: James Kim is a writer for Choosewhat.com. ChooseWhat is a company that provides product reviews and test data for business services and products. Their goal is to help small companies make informed buying decisions on business solutions that help their business.
Filed under: finance
Like this post? Subscribe to my RSS feed and get loads more!