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I would like to own my own business, I do not have a lot of money and I do not know where to start financially |
My problem is finding out where to go in order to get some loans for start up business. I would like to know if there is any organizatioin who would give the info about where to start looking for business for sale and how to find out about the particullar business that is for sale. In regard how profitable it is to invest in that business in question and so on. I have enough experience of runing a business because I work as a manager for a huge corporate own retail store. I have done this for about two years and have being very successful in it. Part of the reason I want to own my ouw business is because I know I am made to own my business. So please if you know any advise or you happen to be a person who can help with info about how to start rolling the ball let me know. Start by gathering as much information as possible. What are the start-up costs, yearly sales potential, number of employees needed, what kind of space do you need. You can go to the Small Business Administration's web site www.sba.gov to find sources for this information. Go to your bank and ask about a Small Business Loan, ask what is required. If you cannot meet these requirements find some backers. Other people who HAVE money and would be interested in a partnership on a start up business. GOOD LUCK... You need a good business plan, then sent them to all bank in your erea. The bank will contact you and you go from there. Search online , alot of business plan company out there for your to choice. Good luck. There is a Small Business Association that will hook you up with an agency that will provide free service as well as seminars. Call information for the 1 800 number. If you have a good business plan you can talk to Venture Capatilists about financing your company. Be careful, most companies fail in their first year because the owner undestimates how much cash on hand he/she will need. Have you considered starting a business from home? Many people start home based business and do quite well. Do a little research on the Internet. Many business on the Internet require only small investments to get started. I would recommend you the No. 1 Internet Business from the comfort of your home. It is fully automated, No selling, No Cold calling, No prospecting. I have never seen such an Incredible home based business which is 100% hands free and you get US $3000 per sale. So for one sale you get $ 3000, if 10 sales than $ 30,000 and so on Imagine. I agree with Neil H. There are many home based businesses out there that people do really well with. Since you have experience in sales, you might consider a direct selling business where the opportunities are endless...financially and personally. goto either web site |
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