Kauffman researcher Emily Fetsch highlights the financing challenge among numerous indigenous US business owners when you look at the part that is third of four component show.
Here is the 3rd article in a set on Native American entrepreneurship: the back ground, the difficulties, in addition to possible solutions. Review the first post and the next post, which address their state of entrepreneurship among Native People in the us and also the challenges they face.
Lack of money, a challenge for several business owners, shows particularly hard for native entrepreneurs that are american.
Major cause of the funding challenge consist of not enough assets, unavailability of banking institutions, credit dilemmas, discrimination, and equity challenges.
Picture due to Elizabeth Haddad.
Entrepreneurs finance their ventures in lots of ways including individual cost savings, credit, and investment capital. Individual cost savings will continue to commonly be used most among business owners to finance their startups. Two-thirds of Inc. Continue reading »