Page 11 - Work At Home Moms Part 2

have to make repayments. Essentially, funding a business with
loans involves starting out with the books in the red. Still, if your
business idea is good enough and your skills are high enough, it
can be a great way to go.

 Grants
It is sometimes possible to obtain grants to open a small business.
This will depend a lot on what you plan on doing. If you are eligible
for grants, they are well worth applying for. The fact is grants can
give you money you need without involving repayments.
Government and foundation grants may both be available. Do look
into the option, but plan on a big application process. If you are
successful in getting grants, make sure the money goes exactly
where you said it would, too. Doing otherwise can get you into a lot
of hot water!

 Investors
Family, friends or other acquaintances might want to get in on your
business on the ground floor. While this is probably the least
recommended option, it can fuel your business dreams rather
quickly. Do count on having to pay back these loans or offering up
a piece of your business to these “partners.”

Money issues can always be overcome if you have the determination to
make it so. Consider your options and move forward with the choice or
choices that work best in your case.

FAMILY RESISTANCE

Family resistance can also be an issue when you’re considering the idea of
becoming a work at home mom. If you don’t have their full support, you
could be in trouble.

Here are some tips for overcoming the issues that may arise:

 Highlight The Benefits
Make sure your partner fully understands what you working at
home can mean for your family. While you will have duties to tend
with, you will, ultimately, be more available to your family.

 Talk Up The Potential Savings
Point out how much you will be saving in gas, lunches out, fast-food
dinners and childcare. These expenses can add up very fast and
even may offset any losses you’d face from leaving your present

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