I really want to buy a business however i don't have the start up capital.?

I really want to buy a business however i don't have the start up capital. From my understanding financial institutions will not lend money for this without some substantial security which i do not have. If anyone has any ideas or suggestions it would be greatly appreciated. I have extensive experience in the running of clubs and pubs from every angle and i am looking at opening a lounge bar in a new area with a substantial market so as I'm sure you could imagine the startup would be quite extensive.

don't know

I have some capital, tell me your plan and I'll pitch in.

You should look online for more info, I have heard of coorporations which help small sole traders start a business by lending them the start up capital with no interest included. Anyway,sorry if im not much help. Goodluck

then you won't be opening a business. get a business partner if you can prove you have "extensive experience...". if you have no collateral, then all you can do is tell people your idea. if you don't put any money into it, then you aren't a partner. you'd get no money from it.

Well, do you have any wealthy friends or relatives?

If you really knew about clubs and pubs you would know that the best of business people have a failure rate of about 90% in the first year.

If you don't have the money but really know your stuff the only way to do this is to work for someone and become a manager. If you prove yourself over and over you may be asked to partner in one of the clubs but then you will also not collect a salary but really earn what you make.

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