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1 "correct" answer available (5 pts) 3 "helpful" answers available (4 pts)

3 Replies Last post: Mar 24, 2008 2:48 PM by LUCKIEST

Busting the ‘Free Money’ Myth

Mar 24, 2008 1:31 PM

bankpig 41 posts since
Feb 6, 2008

I recently read a Businessweek article (click here) for entrepreneurs searching for a government grant or no-interest loan to start a business. It may be useful to some here at the forum.

The message is clear: there is no free money. I've been saying that for years, but people don't always believe me. Now I have some proof...

There's a myth out there that free government money is available for certain types of businesses or entrepreneurs, like women or minorities. "Like most myths it contains a kernel of truth-the U.S. government does give grants to assist small businesses. Of course, virtually all of that money flows to local governments, state agencies, and nonprofits-not individuals."

Hope it helps,
Bryan
http://bankpig.com/

Tags: business_loans, business_credit, small_business_loan, small_business_credit, free_business_loan Report as inappropriate

bankpig 41 posts since
Feb 6, 2008

1. Re: Busting the ‘Free Money’ Myth Mar 24, 2008 1:32 PM

Sorry, that businessweek link is:

http://www.businessweek.com/smallbiz/cont
ent/feb2008/sb20080226_339856.htm

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designer 329 posts since
Feb 28, 2008

2. Re: Busting the ‘Free Money’ Myth Mar 24, 2008 2:20 PM

Great posting! It's true...nothing is free in this world. I would be very cautious if something sounded too good to be true....there's always a catch, always some strings attached - - -especially when it comes to money.

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LUCKIEST 7,932 posts since
Aug 6, 2007

3. Re: Busting the ‘Free Money’ Myth Mar 24, 2008 2:48 PM

in response to: designer

Nothing is free in this world.
NOT TRUE. SCORE is FREE
SCORE does not give money, BUT they give advice.
Sometimes Good Advice and it is all FREE.
You can also take a FREE 26 0nline Seminar at " www.score. org "
NO Strings attached - LUCKIEST

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Busting the ‘Free Money’ Myth

Mar 24, 2008 1:31 PM

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