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Home-Based Business Start-Up: 7 Tips For Lowering Your Fear Factor
Instead of thinking about your start-up fears, let's focus on something more interesting like; free home-based business opportunities, and free advertising. This new thinking will greatly increase your confidence in being the boss. By Bruce...

Home Business Success – Do You Have The Right Mindset?
Do you have the right attitude, the right mindset, to begin your home business venture, and most importantly, make it a success? Yes! No! Not sure! Here are some pointers that might be useful to you. Mindset #1: Your home business should be...

Reasons why home based businesses fail
I was thinking about why home based businesses do not always find their successes. My thought here is not to say that home based businesses are not a good idea - I for one am engaged in a home based business. Instead, I was thinking about ways to...

Work at Home Business with Kids - Mix with Care
Many people begin a work at home business to spend time with the kids or to reduce day care costs. However, many people forget that having a work at home business takes work, and that kids can sometimes be a slight hindrance. That does not mean a...

Work From Home? How Do You Decide?
With the advent of information technology and the Internet, work-from-home schemes had been a continuous trend for so many years now, and it seems to be getting better each day. So, here you are trying your way to get out of the...

 
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Get a Home-based Business Loan without a Business Plan

The phenomenal emergence of home-based business ownership has been astounding. The Small Business Administration (SBA) projects that by 2007, there will be over 2 million small business firms.

Trends indicate that entrepreneurship is quickly becoming a fabric in American cultural. Yet, while there are many opportunities for securing personal wealth through business ownership, access to capital continues to be a hurdle for most start-up companies.

Thanks to a new small business initiative, the hurdle has become a little less painful. Through the SBA CommunityExpress loan program, start-ups and existing businesses alike can apply for a "Small Office/Home Office" (So-Ho) loan without a business plan.

Loan amounts are available for $5,000, $10,000 and even $15,000 and no business plan is required. This may not seem like much


to some business owners, but the most successful companies have started out by getting micro-loans. In fact, the SBA cited that most homebased businesses required $10,000 or less to get started. Examples of companies that started with less that $25,000 include Ben & Jerry's, Fedex and Tom's of Maine toothpaste.

It doesn't matter if you want to start a daycare center, desktop publishing firm, or barbershop. These mega success stories are a constant reminder that small beginnings can indeed lead to greater rewards.

About the Author

Karen L. Hardy, holds a M.S. in Business Administration. She is a certified business finance consultant, real estate investor, entrepreneur and author of the book "Destiny Dreams Decisions: Empowering Women for Success." Visit her site http://www.destinycapitalfunding.com to apply for the loan.