November is National Entrepreneur Month. With studies showing 30% of new businesses are started by people above the age of 50, you might be wondering how they do it.
One of the biggest challenges entrepreneurs face, after coming up with their idea, involves financing that new business. If you’ve been working for some time, you’ve no doubt had the opportunity to set aside some money to use for this purpose. On the other hand, that savings may not be enough.
You might consider looking for money from the usual sources: family, friends or your neighborhood bank.
But did you know there might be a
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