- NY Credits : 3.0
- TX Credits : 3.0
Financing Options for Businesses
Starting a new business, expanding an existing business or furthering the efforts of a nonprofit organization all require money. Financing any of these would be easy if there is a bank account with unlimited funds from which to draw. But, in most cases, financing is an issue with risks attached. Before one can reap the rewards of entrepreneurship, identifying the most appropriate source of financing is critical. This course explores some of the basic methods of financing a fledgling business, expansion of an existing business as well as offering some tips on finding grant funds for nonprofit ventures. This course is most beneficial to professionals new to business financing options who may be at the staff or entry level in organization but also for an experienced professional with limited exposure to this topic.
Upon successful completion of this course, the user should be able to:
recognize the different sources for financing a new business as well as funding business expansion, and
identify the process for grant application in order to fund a nonprofit venture.