Starting a Business Easier than Getting a Job? Financial Guru Shares Financing Tips.

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Steve Grammer discusses pathways to financing a new business amidst harsh jobs economy Discount Retail Store Services reports.

Officially the recession is over according to economists and we have been in a recovery going on three and a half years. It may be hard to tell listening to the media though, and while losing hundreds of thousands of jobs every month has now turned into 40 some consecutive months of job growth, it does not seem to be enough to keep up with a growing workforce. Unemployment rates have seen only moderate change since the initial stimulus package.

Steve Grammer has been in the financing business for over 20 years and has helped consumers with auto loans, mortgages, establishing credit lines, and for the last five years has helped individuals secure loans to start a business, this includes traditional and non-traditional loan types as well as alternate sources of financing. Some of the tools used for entrepreneurs who need capital to start a business include unsecured lines of credit, second mortgages, home equity lines of credit, signature loans, and borrowed capital against CDs and retirement accounts. For entrepreneurs with a solid business plan Steve Grammer points out new stores are also often able to borrow against the value of the various fixtures and supplies within a store. In addition to securing financing from various sources Steve Grammer mentions that often entrepreneurs with similar ideas who are lacking the initial funding needed are able to pool resources and start that business.

According financial experts starting a business is not necessarily any more difficult now than it was pre-recession once that financing is secured. The type of business which may be successful, at least for the time being, seems to have shifted a bit as reported here.

Steve Grammer feels that now is a good time to try and begin a business, at least from a financing perspective, and for many with at least some of the resources needed to begin and a desire to do such, it could well be a simpler route that getting a job or switching careers at this point.

Discount Retail Store Services is a business development company that covers all of the core tasks of beginning a business including site location, lease negotiation, financing, build-out, business training, new store oversight and training, and ongoing wholesale support and customer support. They specialize in six business models including dollar stores, clothing stores, teen stores, party stores, mail box stores, and fitness centers. Along with their website you can find more information at the Direct Retail Store Services website.

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David Heintzelman
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