Localfund.com - All about Fund and Investment
*Home>>>Raise Capital

How do I raise capital for starting my own retail business?


want to start a retail shop that sells all kinds of gadgets...who do i go to for capital?

If you are starting a sales business or anything that will create a revenue based on a contract, you can get your first contract and bring that to your bank and get a loan equal to that contract amount using it as collateral. Believe it or not, this is actually how Nike was started. They made one shoe, not a pair, just one shoe and sold a multi million dollar contract to a sporting goods store. They brought the executed contract to the bank and got a loan to start the actual company!

Your bank?
Otherwise wait for your tax refund, if you're getting one. :)

A couple other options are loans & grants -- see links in the sources box.

I also listed what came up on Google for "retailer associations" -- perhaps one of these associations could help you further.

Hope that helps! I wish you much success & happiness in all your ventures!

Tags
  Seed Capital   Return Investment   Real Money   Real Estate Investment   Raise Capital   Property Investment   Profitable Investments   Private Investment
Related information
  • How to raise capital for a real estate project?

    Based on proper Financial Status & Past Experiences/Project and the location with demand would fetch you an Investments from the Investors. Check the link... it may help you...

    ...
  • I want to start a new software company. How can I raise the initial capital for this venture?

    To get started, I suggest contacting the Small Business Administration (SBA) 鈥?links below. Entrepreneur also offers a great site dedicated to money & finance 鈥?see below. Research, research...

  • How do i raise capital for starting a business with a bad credit history and no equity or wanting a partner?

    Starting a business means you need to have a plan. It's the first step. Once you have a plan (Business Plan), you can present it to any potential buyer (bank), who would then possible loan y...

  • Discuss how firms raise capital, and the role of intermediaries.?

    1. Banks: present business plan, personal capital, put money in a savings account equal to the loan. 2. Investment Bankers: present business plan, personal capital. 3. Relatives: Present business...

  • How do I raise capital using the equity in my property?

    go to a bank and get a loan using the property as collateral. if it's your residence, you can get a home equity line of credit. Beware, you're taking a big risk. Most business ventures...

  • How to raise capital for commercial real estate ventures?

    I have included two articles in my resource box which talk about commercial real estate lending resources and loan. Hope it helps!

    ...
  • Best options to raise capital for a company?

    It depends. If you have an incredible business plan and it looks like this business could be the next Google, you could raise $200 million dollars. There are a lot of venture capital firms out ...

  • A drawback of using only equity to raise capital is.....?

    I would have to say, C. It seems like if you keep selling shares or whatever, you will sooner or later be outnumbered by those shareholders, and if they vote...well, you might get voted out, lol...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster