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Business World

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If you are a woman business owner, you probably already know how difficult it is to make it as a female entrepreneur. The biggest problem is the lack of respect, and investors or fellow business owners may look down on you. While these things can appear to be just minor annoyances, they can have ultimately affect your business. Luckily, now we have plenty of programs that focus on women-owned businesses, and they can provide the needed funding. Here is what you should know if you are a woman and you want to fund your business.

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Make sure that your business is a woman-owned business

A business does not need to have only women owners in order to be considered a woman-owned business. In fact, it is enough if 51% of the shares are owned by one or multiple women. Third party certifier like WBENC can prove this through certification. You can also try self-certification if you want.

Inquire on what the requirements are

Research is the first natural step in this process. You must be aware of the certifications that you need. Most of the time you do not need to apply for a national certification if you operate just in one locality. Make sure that you know what kind of company you want to know, and what is the level of certification needed for it.

After you have all the documents, prepare your paperwork. You should find instructions at your agency. Submit the application only after you are sure that everything is in order and nothing is missing. We also recommend to keep a copy of every document.

Be ready for the interview (and the site visit)

If your papers are in order, you can expect an interview. The committee will want to meet you personally and make sure that a woman is really the one in charge. If you do not feel confident enough you can prepare in advance and rehearse with some possible questions. Don’t forget that those people are there to help your business, so try not to worry and act natural. You should also expect a site visit, so have everything prepared for it.

If your application won’t be accepted you will be informed and they will their you their reasons, and you will receive one month to fix the previous errors.

Funding options

If you want to receive funds like other small businesses, you can try traditional options like a small business line or credit, a bank loan, or you can even check sba loan rates.

However, there are many programs designed for women. For example, you can check out Operation HOPE Small Business Empowerment Program or Key4Women Program.

Or you can take it even further, and apply for a grant. It may appear difficult to get approved for one, but there are many that were created for women-owned businesses, such as Wal-Mart Women’s Economic Empowerment Initiative, InnovateHER: Innovating for Women Business Challenge or The Eileen Fisher Women-Owned Business Grant Program.

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Being in business can mean a lot of things. It can mean that your work for a firm, are involved in sales or development, or that you have your own company. But there is one thing that unites all of these, and that is the skills that you need to triumph. Read on to find out what they are.

Leadership

As they suggest at https://www.inc.com/, leadership is a vital quality if your aim is to triumph in the business world. This is because you need to be charismatic enough to get people to do what you are asking of them. This might mean that they buy your product. Or that your team does that little bit extra work to hit the deadline that is looming.

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Also, strong personalities are usually well respected in the business arena, and being a good leader will contribute towards this. Remember if you want to get spotted you to be at the head of the herd, and not at the back.

Communication

Another skill that you need to be proficient at in the business world is communication. Not only do you have to be excellent at conveying your points for presentations and sales pitches, but you also need to be able to successfully build and maintain positive relationships with clients and suppliers over the long term.

Of course, that means your spoken and written language skills need to be on point, whether you are working in English or another language. To help you with this, you can take courses like the one on offer at EffortlessEnglishClub.com. Which will ensure you are fully confident in what you are saying and the accuracy and meaning behind it.

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Negotiating

Now, negotiation is a skill that is close to communication, but it isn’t quite the same. Whereas communication is about getting your point across, negotiation is about finding an agreement in which both parties are happy. Basically, you are looking for win-win situations.

That means you need to be wary of anyone that says there can only be one winner in negotiation. As most are not done is such a hostile environment. In fact, a lot of negations will be with people that you work with on a day to day basis. So you want to make sure that both parties leave the dialogue as happy and motivated as possible.

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Focus

Of course, another skill that you will need to triumph over your competitors in the business world is the focus. You can be the best at doing something, or have the best idea, but if you can’t edit and focus your attention on what needs to be done right at this time, then you won’t achieve your goals.

Many people think that focus is a talent, but it it’s something that can be learned just like anything else. All you need to do is find the right motivator or system for doing things. For example, some folks swear by the Pomodoro technique where you work for 50 minutes and then break for 10 to improve their focus.

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