Funding your start-up can take some time and some foresight however, these 10 creative ways to finance a startup business will give you the boost you need – take a look.
While most people will think that personal finance is not the most creative of financing option, there are actually a lot of entrepreneurs who have not thought about this. They will not consider saving up or using their personal savings for their start up. Most investors will not look at putting money in your venture if they do not see that you have some investment as well.
Unsecured Business Loans
Unsecured business loans can be a fantastic way to get credit and can provide a fast turnaround, so your start-up gets the money quickly. Application processes are typically fast and you can learn more about the whole process from a reputable finance company like https://www.unsecuredfinanceaustralia.com.au.
Family And Friends
Your family and friends are the people who believe in you and will want to see you succeed. They are also more likely to provide finance without you having real customers or hard assets. Of course, you should always get this financing in writing or in promissory notes where you convert the loan into equity at a future date.
Peer-to-peer lending is a newer finance option and works by finding a group of people who lend money to each other. While this has been around for years, startup businesses are still new to this. It is best that you look for a lending group that is willing to fund new ideas because not all lending groups will.
The power of the internet is great for finding people who share your ideas and are willing to provide a small about to back your startup. Crowdfunding has spread from being for non-profit organizations and you can offer pre-sales or other rewards for people investing in your venture. The JOBS act which was passed last year will also allow people to make small equity investments this way.
There are a number of non-profit and for-profit organizations that offer small loans of up to $35000 in an effort to promote entrepreneurship. These loans are generally given to people who are unable to secure a loan through the bank. Some examples of these loans will include the Patriot Express loans.
If you require tangible stock for your venture than most manufacturers could be convinced to defer payment on the goods until they have been sold by you. This will mean an extension of the normal 30-day payment terms that the business uses. The extension will generally depend on your credit worthiness and the extra fees that you are able to cover. Here is a good piece from Investopedia.
Purchase Order Financing
One of the most common problems that start-ups face is their inability to accept large new orders as they do not have the capital to build and deliver the product. PO financing will be able to help as the companies offering this will generally advance you the funds to pay the supplier. This allows the transaction to be completed and for the profit to flow to your business.
Factoring Accounts Receivable
This is a similar option to PO financing but looks at the unpaid amounts that you are due. If you have a high volume startup then this will help you scale up. You can provide cash on your sales immediately instead of waiting for the 30-day payment period to pass.
Investment retirement account funds and 401(k)s are perhaps the most accessible of the alternate funding sources. You will not be able to use your own funds for your startup, but other people will be able to loan you money from their self-directed funds.
Grout can be troublesome. While ceramic tiles are designed to resist stains, deflect grime and last for years, grout tends to absorb dirt and become strained all too easily. You might have tried many different cleaning solutions and homemade remedies on your grout, but nothing seems to get that dark brown stain out from between those shiny ceramic tiles. What can you do?
Remember, when tackling dirty grout, always start out with a mild cleaning solution, and if that doesn’t clean it fully, gradually move on to more aggressive cleaners. Of all the commercial cleaning solutions out there, we’ve found OxyClean to be the simplest and most effective at tackling messy grout lines and dirty tiles. Not only is OxyClean tough on grout, its main component is hydrogen peroxide, a “green” cleaning product that is neither a carcinogen nor a neurotoxin. Simply combine the OxyClean with water, rub onto the grout, and let sit for the recommended time before rinsing it off and brushing away any residue.
You might be tempted to use a rough brush to push the solution into the grout lines. Don’t do that! Using an abrasive brush such as steel wool or Brillo pad will wear down the grout and do more harm than good. In some cases, it could break through the grout, forcing you to get it replaced. Of all the brushes, an old electric toothbrush is the most effective at brushing dirt out of grout. Much like it does to your teeth, the electric toothbrush rotates and scrubs the gunk out of the grout, while simultaneously reaching those hard-to-get or unseen spots.
If you’re having no luck with the various cleaning solutions, consider investing in a steam mop. A steam mop uses high pressure, hot water and steam to blast your flooring and clean your grout. The high pressure created by the machine lifts dirt from inside the porous grout lines, flushing it out and leaving a shiny, new-looking surface in its wake. Using a steam mop is great on the environment since it uses hot water instead of harsh cleaning chemical solutions.
Cleaning with the steam mop is very easy. To use your steam mop, all you need to do is hold the nozzle and direct the steam through it and onto the grout line. Direct the nozzle up and down the grout lines to directly take on the dirt. You want to rent or buy a steam mop that has a strong pressure gauge and can reach ~350ºF, as this is the optimal temperature for cleaning grout. Cleaning mops are very effective when used alone, even more so when used following a more traditional cleaning attempt using a homemade or commercial cleaning solution which are used by the professionals such as Sir Clean Pro. Once you’re finished using the steam mop, use an attached brush, old toothbrush or nylon brush with soft bristles to wipe away any leftover dirt residue. Once you’re done, your tile floor or wall should look shiny and new.
My daughter has been asking, requesting, and even begging me for a pet; specifically a dog. I have not fulfilled her wishes because I know the huge responsibility that having a dog entails. It means getting up early or staying up late to walk the dog. It means cleaning up after the dog during the training stage. It means managing pet hair, accidents, and chewed up shoes. It could mean a huge carpet cleaning or replacement bill. If you are a little more lenient and decide to get your child a pet here are a few carpet cleaning tips for pet owners to ease your mind.
Having pets doesn’t mean you have to get rid of your carpets. A little hard work, active planning, and preparation is all you need to stay on top of things and keep your carpets clean around the hustle and bustle of dogs and cats. Accidents are bound to happen, whether you have one pet or several, but reacting with immediacy and the proper cleaning techniques can make the difference between a temporary mess and a permanent stain on your carpet. Of course, you can always hire a professional carpet cleaner and if you live anywhere near Charlottesville, VA, check out Tidy Guy for some great deals on carpet cleaning.
Managing Pet Hair
Pet hair can be impossible to get rid of. Many dogs shed, leaving hair in their tracks everywhere they go – across the carpet, on the couch, on your clothes and pillows and blankets. Some dogs shed so much that vacuuming can’t keep up, and you can even risk clogging your vacuum with the hair.
One way to lessen the pressure on your vacuum cleaner is to do a ‘lint roll’ over your carpets before you turn on the vacuum. Wrap an old paint roller in masking tape and attach it to an old broom handle to get the outer layer of pet hair off your carpets before you vacuum. This can also be an effective way to clean hair off your furniture as well. In order to stay on top of your pet’s shedding, vacuum your carpets at least three times per week.
Dealing with Pet Accidents
Accidents happen, always. Sometimes you’re training a new puppy and they don’t make it outside in time, other times your already-trained dog gets too excited to see you and has an accident. Reacting immediately to these kinds of accidents is the key to minimizing stains and damage. Follow these steps to clean the carpet as flawlessly as possible:
First, lay an old cloth over the urine stain on the carpet. Stand on the cloth to press it into the carpet and absorb much of the moisture.
Next, clean the area with a solution made from four drops of liquid dishwashing detergent to one cup of warm water. Work the solution into the carpet’s stain before rinsing it well with a clean, wet towel.
To avoid future stains in that spot, blot the stain with a vinegar and water solution.
After you’re done cleaning put some paper towels down and place a book on top to act as a weight to facilitate moisture absorption.
It isn’t advisable that you use a steam carpet cleaner to tackle pet-related stains. Using a steam cleaner can yield the opposite result, setting the stain and making it impossible to remove. There are many products available on the market that is designed to remove pet-related stains. It’s important to follow directions very closely when using products like this in order to bring about the best results.
A handheld carpet vac (available usually for < $100 online) is a great tool for successfully getting rid of pet stains in your carpet without breaking the bank. Use only warm water in your carpet extractor before attempting to use an enzyme treatment to get rid of any odors. Using water first will rid your carpets of any chemical residues, which can inhibit the enzyme treatment from doing its job. Remember, liquid messes spread easily in your carpet, so immediacy is key to handling these types of stains.
If you are interested in becoming a “Mommy Blogger,” there are several pieces of advice that can help you succeed.
Know Why You Want To Blog
Why did you decide to become a mom blogger? Don’t start your website or write any posts until you determine why you are doing this. Is your audience solely your friends and family members? Are you look for a way to earn a little extra cash? Do you envision your blog taking off and becoming very popular? Your reasons may vary, but make sure you know what is motivating you.
Figure Out Your Specialty
It is fine to write on a variety of different topics if that is what you want to do. However, if you want your blog to become successful, it is important to pick a specialty. Are you a bargain hunter, seeking out the best deals for moms everywhere? Or, do you want to focus on family time, and blog about games, activities, and ideas for bonding with your family? You could also choose education as your focus or even cooking with kids! When you have a topic that you focus on, that doesn’t exclude you from touching on a variety of other subjects. However, your specialty will keep your blog focused and easier to read.
Brush Up On Your Skills
If you are like a lot of other moms, you may not have written content for an audience since you were in school. Writing will come back to you and get easier, but as with anything, practice makes perfect. Think about how you want to come across and what your own style is. Are you informal or formal in your writing? Make sure to include figures of speech, because they will assist you in getting your point across to your readers.
Have A Schedule
Many moms avoid starting a blog because they don’t think they can commit to a schedule. However, think about this; you don’t have to put up new content constantly. Instead, you want to be regular with your posts. For example, if you know that you can put something up on your blog every seven days, do that. Advertise the fact that a new post will go up on Sunday afternoons. Your readers will look forward to this and they won’t necessarily mind that you don’t post for the rest of the week. Also, no one said that your post has to contain a lot of research or even a lot of words. Just make what you write is interesting and informative, and you are fine. Make sure to add them to your Facebook, Twitter, and Instagram and if you want these to look more popular, then purchase more high-quality followers for the accounts.
Write Because You Want To
You will get burned out very quickly if you aren’t interested in what you are doing. Write because you love it. Write because you want to share information. Don’t write because someone told you to or because you want to get a free product. If you do partner with a brand, make sure it is a company that you actually like. Make the blog your own.
Ready To Start A Mommy Blog? Tips And Tricks For Success
Admit it. Getting your baby’s daddy to pay child support can be like pulling your eyelashes out one by one. Why can’t he understand that you both made this child so he needs to help support this child? All the excuses are getting old and tired.
The bills need to be paid.
The baby needs shoes? Food. Uniforms. Doctor visits. Clothes. All the things that make survival possible.
So how can you get him to pay up or get off the #struggletrain? Stick with me and I’ll share a few practical ideas you can start using today to make the struggle less stressful. Hopefully, the following tips will also prepare you to go into the battle with a better strategy.
My ultimate goal is to inspire you to seek a different path to financial freedom.
Reality Check: Honestly, unless you are a baller ex-wife, boo, or side chick, was married to a CEO or a business owner; it will be hard to make a living, much less a life off of child support. You will be more successful taking action on the tips I share in the second half of this article.
A 7-Step (Mostly) Conflict-Free Process for Getting Child Support
Step 1 – Decide How Much You Need
What will it take to raise your child and meet all his needs? Check your food, clothing, utilities, and all the things your child uses and needs. When you have a number divide it in half. This is how much you need from your ex to raise your children. Be realistic about his ability to pay. Next access his finances.
Step 2 – Assess His Finances
How much does your Ex make? You may not know the exact amount but you can research his job position and the average pay for that position. Be realistic about how much he gets paid when you are considering your child’s needs and his income. There may be a huge gap.
Step 3 – Communicate Your Demands
The next step is to say what you need to care for your child. There is a difference between demanding money because you think he owes you something and asking for money because raising a child requires money. I suggest you go as far as itemizing the cost of everything your child will need for the year. Write it on a piece of paper and give it to your child’s father. Wait for a response then go to the next step. Negotiation.
Step 4 – Come to an Agreement
In this step, talk about the list and decide, together, what he can realistically do. Sometimes it’s just not as cut and dry or black and white as you think. He honestly may not be able to give you everything but can do something. Ask him if it’s truly the best he can do. Keep at it until you both feel this is something you can live with for at least three months, six months, or a year.
Request a review after agreed time limit has passed to see if he’s in a better position to do more. Men need facts to make decisions. They do not rely entirely on their feelings. If you make it about feelings and drama you will get less than you think you deserve and he will make it harder to get it even at the risk of going to jail, back taxes, or anything to keep you from winning.
Step 5 – File the Paperwork
When you have an agreement put it in writing and you both sign it. This is now your contract to keep or file with the courts if that is part of the agreement. If it is part of a child support order, send it to your attorney or complete the forms yourself. The point is to have a record of the agreement and preferably a witness.
Step 6 – Communicate Regularly
Decide how you will communicate and what you will communicate with your Ex. Keep everything brief and business-like so you stay focused on what matters; your child. Keep your emotions in check and do not allow him to bait you into a conversation about your past relationship, your current relationship with someone else, and all the things you or he did wrong. The less you talk about unresolved personal issues when discussing child support the better off you will be.
Decide if you want to tell him about any special purchases you needed to make because of school needs, medical needs, or other needs outside of the usual food, clothing, and shelter he is contributing to with the child support payments. Make a communication schedule that you can agree on and stay within those guidelines.
Depending on how volatile your relationship is you may decide to only use text messaging, only email, and rarely a phone call. You may use a combination of it all. It is up to you. Whatever you decide to do, be consistent.
Step 7 – Wait for the Check/ Deposit
Now you wait for the child support check to arrive. It may feel stressful because you are not sure if it will come. If it doesn’t communicate with him and ask when you can expect it. If it does come send a quick text saying you got it and say thanks the first few times. The more you appreciate his effort and integrity in sending it the more goodwill you create.
How to Get Off the Child Support Struggle Train in 7 Steps
Now that you have tried the tactics to get child support I’d like you to assess how much you can actually survive off that money. Is it enough to pay the rent, car note, buy food, clothing, school project materials, take a vacation?Can you live off that amount combined with what you make at your job?Are you still struggling to make ends meet?Are you willing to think about the reason you are still struggling?
It’s likely that even after all the tactics and strategy, the child support is still not enough or nonexistent because he barely keeping up with the payments or not making payments at all. You can’t even depend on a steady payment every month. The struggle is truly real. So how do you get off the child support struggle train?
I’m glad you asked!
Getting off the #struggletrain won’t be easy but it is worth it if you want emotional and financial freedom.
Step 1 – Create a budget that does not include child support
Save your sanity and simply plan your spending around the money you bring in. You will introduce financial stability into your life and step away from the emotional struggle of depending on a child support check that may or may not come.
Step 2 – Create an Income Increase Plan
Now that you see your budget you are probably thinking to yourself, “This won’t cover all my expenses and it still feels like I’m struggling!”. I get it which is why your next step is to come up with an Income Increase plan. This means you think about ways you can increase your income.
Can you create a side gig?Can you take an online certification course to get a better paying job?Can you sell toys on Ebay?Create a long and short term income increase plan and start on it immediately.
Step 3 – Deal with Your Child’s Father Differently
Clear the negative energy you feel for your ex. Do it by any means necessary because as long as you feel anger, resentment, depression, fear, or hostility toward him, the more he is in control. You are better than that and can control yourself, your life, and your destiny. Anytime we hold negative emotions about someone we give them control over our lives.
Step 4 – Focus on Creating a Life You Love
Focus on what you want. Nothing else. When you learn how to focus only on what you want you get it. All distractions pull you back into a dysfunctional life and none of your dreams can come true. Focus on the goals you had before your relationship went sour, or before you had kids, or before your divorce.
Create a list of your top three goals and add a date you want to reach that goal. Keep the list in a place where you can see it daily. Your bathroom mirror, your bedroom door, or your phone lock screen are good places to keep your three goals visible.
Next Steps to Getting off the Child Support Struggle Train
Step 5 – Ask for help
Find someone who has been where you are but is happy and successful. Ask them to mentor you and keep you accountable to your goals. This kind of support will do wonders for your life. The biggest challenge with this is trusting someone enough to open up about your struggles. Pray for the right person to come into your life.
Step 6 – Join or create a support group
Find a group of women who are positive and want the same thing you want. It should be a group of women dedicated to problem-solving, not problem re-hashing. Whiners and complainers are not interested in forward progress and rarely get past the navel-gazing phase. Skip those kinds of people. Fine solution-oriented groups.
Step 6 – Trust your intuition
In your heart of hearts, you know the right answers for you. Trust yourself to make good decisions and you will. Do the research, ask people questions who have the answers, pray for wisdom, and know you can always start over if you make the wrong decision.
What’s Your Next Move?
There are two schools of thought on how to get the child support you need. Rely on the child’s father, who may or may not come through or rely on yourself, who will always come through. Some say he owes you but I say an unhealthy dependence on child support puts him in a position to emotionally and financially OWN you. I was put on this planet to empower single moms, through my own experiences and through practical solutions.
I’ve shared what I think are two solutions that may satisfy both schools of thought. You can pursue child support actively using the methods I shared in part one. You can even pursue it passively by simply filing paperwork with the state. But I think the second part of this article is feasible and definitely more satisfying. Of course, it’s up to you to choose the best course of action.
Today is the start of the 12 Days of Christmas and the best time to share my last minute holiday gift ideas with you. I’ve broken it down to Gifts for Her, Gifts for Him, and Gifts for everyone. You can check out my other holiday shopping posts Gift Guide for Busy Moms and Affordable Last Minute Gift Ideas guide. May you have a very Merry Christmas, Happy Hanukkah, Happy Kwanzaa, and Happy New Year!
Here are a few last minute gifts for your mom, daughter, best friend, or co-workers to enjoy. You can buy them online at Amazon.com, on the product website, or in the store. It all depends on the way you like to shop. If you shop online be sure to check on Ebates.com to see if there are any cash back deals for the online store you are shopping at.
iLuminate 22pc Makeup Brush Set
This makeup brush set is for professional makeup artists and at-home beauty fanatics alike. It includes 22 extra soft brushes conveniently stored in a sleek faux-leather rollout pouch. It includes a carry and travel case plus a cleaning tool. Great for practicing all the makeup techniques you learned on YouTube.
If you are anything like me, you use your phone’s camera to check or reapply your makeup. The only problem is there is no light to
really see all the details. The iLuminate travel mirror has a LED light with a regular and magnified mirror so you can get in really close. This will probably be shared between me and my daughter for those quick makeup checks.
Nobody likes acne scars, especially teen girls. Get her this acne scar kit to help clear up her skin so it has a fresh glow. I like to keep things simple and have taught my daughter to do the same. Fortunately, we both have pretty clear skin but occasionally a pimple will leave a scar. This kit contains Pumpkin Enzyme repair cream and vitamin C serum to help the scars fade.
Clip-on jewelry is the first fashionable accessible accessory to women’s bras, tank tops, dresses and tops. It also clips onto swimwear, bikini tops and bikini bottoms, purses, scarves, and boots. You can also wear it in your hair as a delicate new hair accessory.
Created in Los Angeles California. The Jewel Bouquet sells around $25.00 – $30.
Blob Tagua Ring is 100% natural, sustainable, organic, vegan and biodegradable. The rings are designed in Vermont and ethically handmade in Colombia from “dried tagua seeds” (AKA “vegetable ivory —our raw material). Dried Tagua seeds are very similar to ivory in color, texture, and hardness. It would make a unique, original and affordable stocking stuffer.
If you are anything like me it can be challenging to find something that the guy on your list will love. It could be your dad, uncle, son, cousin, boss, or boyfriend. Here are a few last minute gift ideas that don’t include ties, socks, or electronics.
My nephews and quite a few men I know are into the colorful socks that are in style now. They add personality and flair to their usually boring suits and dress clothes. Vybe offers socks for men and boys that would make a great gift idea. There are matching socks for father and son as well.
This is one tough bag that is great for carrying small electronics, cords, or toiletries. You will not have to worry about things falling out or getting damaged by water or the weather. It will definitely last for a long time and it even has a lifetime warranty. It’s a great gift for your resident gadget geek.
The CelebriDuck comes in different characters, both real and fictional, and makes a great gift for your kids or adults. They are safe for teething babies and are PVC-free. Makes a great stocking stuffer.
These last minute gifts are good for anyone on your list. Perfect for families, foodies, or folks you barely know. It doesn’t matter as long as they feel the joy of the Holidays through you!
CUPRIGHT, which is a table and desktop tip-proof insulated cup holder. It’s a perfect gift for co-workers or anyone that drinks out of a paper cup, bottle, or can work, or at home. Accidental spills happen when you least expect them, and keyboards and other electronics are expensive to repair, not to mention, rugs, dry-cleaning bills, and valuable time cleaning up messes. In addition, CUPRIGHT is insulated and also helps keep your beverage warmer or cooler longer and it eliminates the need for a coaster.
I like caramel every once in a while but when I tasted McCrea’s sea salt caramel I had to stop myself from eating the whole package. It was that good! This candy is perfect for your caramel lover. McCrea’s signature product features Hawaiian black lava sea salt swirled into caramel to provide a salty-sweet mouthful. Additional flavor combinations include Basil Cayenne, Ginger Fusion, Curried Butternut, and Rosemary Truffle Sea Salt. They also offer such classic flavors as vanilla, chocolate, maple, mocha, and coffee.
They use local, real-food ingredients and package our caramel in beautiful compostable containers. Everything is made in America. Our caramel is available for purchase online and in retail outlets throughout North America
I am a positive thinking pitbull but even I have days when the negative thoughts threaten to overpower me. So it’s exciting to find a product that helps re-focus your thoughts from negative to positive ones and it looks good too! Refocus bands allow you be to be more mindful and take control of your thoughts by simply flipping the band every time a negative thought overpowers you. Every flip helps encourage a positive thought that guides your inner voice in the right direction. There are over 10 different designs and affirmations to choose from, Refocus Bands are leading the way as the hottest positive fashion statement that conditions you to live a more mindful life..
Each item sold helps support amazing charities they discover that align with their values and make a difference in the world.
I tried the Bodyworks Ball and have decided it will be a gift to myself! This ball is perfect for my lower back. I’ve had a few issues after my accident in March with pain and discomfort. I tried the Bodyworks ball according to the instructions and got the stiffness to relax. Yes!!! Get this “O List” favorite for yourself or anyone who has problems with stiffness, soreness, or pain in their neck, back, shoulders, or feet.
My son loves to cook and bake so it makes sense for me to think about getting him baking tools this holiday season. I have heard about a few cooking subscription box services but never a baking subscription service until now. Rise Baking is a monthly baking subscription service that ships premium ingredients with original recipes directly to your door. The process is simple. Each month you will choose recipes that suit your taste. Then, your monthly baking box will arrive fully stocked with pre-measured and color-coded ingredients making the baking process simple. Rise takes the intimidation and hassle out of baking with results that will have anyone baking like a pro. All recipes are “from scratch” never mixes. They have a 3-, 6-, or 12-month plan. You can also give a gift box.
Use code “Holiday10” for 10% off a monthly plan or “Gifts10” for 10% off a gift box
Mary Tylor Naturals
For the crafter in your family, Mary Tylor Naturals has great organic products they can use to make soaps, creams, lip balm, or anything they can think of. I make Blyss Body Butter from 100% organic ingredients and am always looking for a great source for my product. You have a variety to choose from including Shea butter, cocoa butter, beeswax, and product containers.
Add a little flavor to your holiday party with Cranberry Spice Moonshine made with Everclear. It’s a festive drink made with cranberries, cinnamon, allspice, nutmeg and cloves – it blends all the holiday flavors to form what may become a new tradition.
Hi! Welcome to RichSingleMomma.com. I started this website almost a decade ago because I couldn't find any blogs back then that helped single moms with money. I was having some success in that area so I decided to share what I knew about side hustles, making extra money, and managing what I had. Read more...