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Money for entrepreneurs

    A good idea will solve a problem. A brilliant one solves a whole lot more. A person who under takes a commercial venture – an entrepreneur

“The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes .[1] Management skill and strong team building abilities are often perceived as essential leadership attributes[2] for successful entrepreneurs. Robert B. Reich considers leadership, management ability, and team-building as essential qualities of an entrepreneur. This concept has its origins in the work of Richard Cantillon in his Essai sur la Nature du Commerce en (1755) and Jean-Baptiste Say[3] in his Treatise on Political Economy.”

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 needs money for his venture. The more easily he gets it the more will be his future and his business. His entire fortune depends upon the mode of finance he opts for his business.

In the normal way, money is financed to the entrepreneurs by the financial institutions or bank as the case may be. For getting the required finance one has to satisfy the formalities of the lender. In many cases many hopes of the entrepreneur is perished in the beginning itself due to the difficulty in getting the finance. His ideas and aspirations are totally destroyed and the people around him also de-motivated.

In case money is easily available to the entrepreneurs, good number of industries especially in small scale sector as well as in large sector usher in large numbers. An urge to do business supplemented with availability of money will lead to industrialization to the country and people’s manpower will be utilized to convert it into money again, which will bring wealth to the nation as well as to its people. It is a chain reaction leading to over all economic activities. Manpower otherwise lie idle in most cases can be utilized in this fashion. It is the duty of the nation to arrange money for the entrepreneurs. It will be in the interest of the nation that in stead of the entrepreneur approach for money, the nation should approach the right kind of people and enthuse them the entrepreneurship among them. By doing this the nation is doing away the unemployment and brings more purchasing power to the common man.

In many developing and developed nations funds, infrastructure etc. are arranged by the nation itself. Free power, water and other raw materials are arranged under subsidy to the new entrepreneurs. When such facilities are supplied it will boost the industrial growth which in turn augurs prosperity to the nation also. The entrepreneur with such facility makes better product at competitive rates and can even compete with other products in the market. Commodities with economic prices will attract customers in large. The entrepreneur flourishes side by side his environment and people associated with it also developed.

If you are single mother and want some ideas for an extra income read this interesting article

Need Money for Business

Money, the medium of exchange for human beings, without which total transactions will halt.  If you are in “I need money for my business” situation this detailed article will help you!
For business,  money is the essential part and one has to plan its source well ahead. Necessity is the mother of invention. To start a business, money is necessary but prior to that one need to have a dream and to believe in it enough to make it a reality.

There are many ways to acquire money. Simple way is to go for a loan. There are many types of loans.  Now a day banks are lending loans under different categories.  Private parties are also lending loans to the needy.  Taking loan means at a later time to repay the same with interest.  That means one has to multiply the money while doing the business and repay. Here the entire thrust is to make profit while doing business.  Whatever may be the outcome of the business, the repayment will start as per the agreed time. This in a real sense will automatically put the business man to work hard to achieve the maximum, which will automatically put his business to great heights. For repaying the loan amount he will hunt for profit and for profit he will work hard which will usher in prosperity for him and his business.

The second option is to find a business partner who can finance the monetary part. There are many people who are flooded with money but find no valuable idea to utilize it gainfully. Here the man who needs money can bond with the partner and work for mutual benefit thereby will get time to establish and thereby initial cost of business can be curtailed.  In this type of business, the trust between the two is important. Working together means sharing responsibilities. If two heads put together and do things the chance of committing human error will also be minimum and prosperity will be easier. Selecting good partner is important.

Selecting a silent partner is the other option before the one who needs money for his business. Here the partner will only lend money and will not involve in the nature of business. Whatever may be the outcome of the business the lender will get his assured income.

To conclude the need for money for business can be met by the above means.  If you are looking to earn an extra income read this article: