How can i raise capital to start a business?

am not working

There are no grants for a for profit business unless you are opening a daycare. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.

Then, go to http://www.score.org/index.html and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.

SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.

By developing a good idea, create a well-written and understandable business plan.

Find out if there are any free grants in your area to develop new business ideas. Unemployment agencies can give you good advice on this.

You can also approach people you think might be interested in investing in you. You can start with friends, then friends of friends who may be in a position to either lend or take a percentage of your business. From my own experience avoid doing business with direct family, because domestic and business can entertwine itself into a messy situation.

Then, of course, there's the bank! Convince your bank manager you have a good idea. But before you meet the bank manager look at your idea from their perspective - what guarantees are there that you will meet your payments!

Starting a business requires one to have enough funds. But if you have insufficient money to start your business plan, you will need to take out a business loan. Business loans are designed to serve as a financial aid for those who would like to venture in the business industry but don't have enough money to build one. So if you need financial assistance, you can seek advice from business loan service providers. I also suggest that you check out this site http://www.startupbusinessloans.com to know more information about startup business financing.