I need twleve thousand dollars to start up my business, but do not qualify for a loan. ANY IDEAS?
Answer:
To get started, I suggest contacting the Small Business Administration Financing Page (SBA) – links below. Entrepreneur also offers a great site dedicated to money & finance – see below.
Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:
* Free Money for Small Businesses and Entrepreneurs by Laurie Blum
* Finding Money: The Small Business Guide to Financing (Small Business Series) by Kate Lister, Tom Harnish
* Financing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy
* No Cash No Fear: Entrepreneurial Secrets to Starting Any Business with No Money by Terry Allen
* Starting on a Shoestring: Building a Business Without a Bankroll by Arnold S. Goldstein
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
job.
contact some Foundation and write a letter applying for a Grant
or go to www.grantservice.com
( or is it .org.?)
call your local better business bureau, there are hundreds of loans from the government for small business, female business, etc.
Rob a bank.
Work on establishing good credit
Make yourself loan worthy - (have a good employment history)
Start saving your money
Sell some of your assets
credit cards , cash advance
mow some lawns..in a hurry.
Get a job, establish good credit.
Then you can get huge loans and run a franchise of a nation-wide company that you will make money from.
what kind of business is this?
Good fundraising and budgeting will help. Also, having a backup job and maybe some loans from family. I think you can get those Payday Advance up to like 6 or 7 thousand dollars.
Well look for a job. Simple as that.
two choices, get a job and start saving the money you need. or if you are that confident that the business will be a success consider asking friends and family to invest in the business.
if that fails (I'm not in any way suggesting this or recommending it) but you could always attempt to get away with robbing a bank.
but remember there is less than a 1% chance of getting away with the bank robbery, so go the legal route, work and save and or consider asking like i said above family and friends to invest either as partners in the business or just a a loan.
the choice is yours
Bake sales and car washes come to mind.
It sounds as though you have an entrepeneurial mind, so I would recommend starting a home business that will cost you under $200, build it up and work at it as though it were a million dollar business. If you really dedicated yourself and worked at it, you would easily earn the $12,000 you need in a surprisingly short period of time. I work with many people who earn a minimum of $10,000/mo, and several of them earn 3 times that amount. It's very doable, and you would never have to worry about a business loan again!
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