Unemployed? Take The Opportunity To Become Self-employed
If you're collecting employment insurance, this may be your best opportunity to get a new venture going, says James Byrne, Director of the Small Business Consumer Centre. "For one thing, you have more time than when you're fully employed. Even if you're looking hard for work, you can devote a substantial amount of effort to researching and preparing your startup."Byrne's organization helps small businesses launch and grow their businesses through grants, low- or no-interest loans, and other forms of financing. It offers information and advice to small businesses at www.Help.Grants-Loans.org.Beyond the time, says Byrne, you may have access to a number of government programs to help you launch your own business. After all, it's in the governments' best interest to get you back to work; if that means paying a little now, it's still a good investment.Human Resources Development Canada is a big player in this area, and offers programs such as the Self-Employment Assistance Program (SEA). If you have a viable business idea, you may be eligible for income support while you work full-time on your business. This support can



include a supplementary allowance for 52 weeks, and you can also receive training, counseling and technical advice.The Business Development Bank of Canada (BDC) also offers a number of programs and consulting information for startups. Take advantage of these now, advises Byrne, while you have the opportunity to devote time to the launch.Would you like to receive money to launch and grow your own business too? There are monies available now for qualified existing & start-up small businesses. Visit The Small Business Funding Centre for more information.