As we move into 2015, it is the perfect time to think about starting up that business you have been dreaming of. Make this year your own by finally launching your own start up. Think of it as not only an advancement on your goals, but also as another step in the right direction for the world you live in – entrepreneurship is a key to solving many problems.
Unemployment has become a major problems for both the U.S. and other countries. 2014 saw more than 1.6 million students graduating only to find that they were pushed into the pool of unemployed. The “lucky” ones found themselves in unpaid internships or low-paying jobs.
According to the International Labor Organization, “Young people [are] nearly three times as likely as adults to be unemployed”. Currently, there are more than 50% unemployed in Spain, 35% in Italy, and 25% in France.
The answer to all of this is entrepreneurship. According to research, 80 percent of new jobs come from startup companies that have existed for 5 years or less. Young companies have so much to offer the economy. They create the foundation of goods and services on which our everyday living is based. When they flourish, they boast prosperity and innovation – they help the market economy to prosper.
Startups also help and benefit large companies who seek to acquire them as they expand their research and development departments. In addition, young people are not left to their own devices when they are employed; thus, there is greater social cohesion and less dangerous causes.
If your entrepreneurial spirit is driving to you start up your own business, there are a few things you should consider. One of which is the issue of funding. Startups are often considered “high risk” in the eyes of traditional lenders. Because of this, traditional lenders usually shy away from providing startups with funding options.
If this has been the case for you, don’t give up. There are still great options out there for you in the form of a business cash advance for startup businesses. 1st American Merchant Funding can provide you with funding regardless of you being tagged as “high risk”. The process is simple, fast and hassle free. It is as simple as submitting a form, getting your quote and receiving your funding.