Suppose you need 1 million dollars to start your Dream Business. Research ways to get the money for such a business. Compare two (2) sources of financing you might obtain. (e.g., Small Business Administration (SBA), private investors, private loans, personal assets, and / or personal credit cards.) Identify the risks and benefits of your two (2) choices.

As a first time business owner I would try my best NOT to use my personal funds. In considering funding for my business, I would focus on cultural aspects in my search. As an African American woman, there are many resources available.

My main source of funding would be to seek grants targeted to minorities and women. Federal grants are available and may be located within their grant database website. African American women may also...