2006-06-22 01:31:23 · 7 answers · asked by jazziepixie 1 in Business & Finance ➔ Small Business
try out some personal loans.
2006-06-22 01:35:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋
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!
2006-06-22 03:46:59 · answer #2 · answered by TM Express™ 7 · 0⤊ 0⤋
Great question!
This answer may be hard to take, but the PRIMARY reason entrepreneurs (& companies) aren’t funded is because there is no real need for the product / service (and the entrepreneurs hasn’t performed the necessary research to find out).
Having helped hundreds of entrepreneurs, I would tell you that “lack of money” is the biggest challenge stated by entrepreneurs. What I usually find during further investigation is that the reason no one wants to fund it is because is no clear evidence of “market”. (Which is defined by the fact that you KNOW how many people will pay HOW MUCH for your product / service, how much it will cost to get it to them, and that you can do so profitably - and can “scale” the business. Finding out this information is your primary job. That way, you may even prove to yourself that it isn’t the best thing to do.
It’s all about how you are going to attract customers - and how you KNOW this is the best way!
One way to uncover your market can be found at the link, below.
Hope this helps - and best of luck!!
2006-06-22 04:56:10 · answer #3 · answered by Mark P 2 · 0⤊ 0⤋
You can check with the federal government under the the Small Business Administration. They may be able to assist you in locating grants or low-interest loans to help you start your business. Their website is below.
2006-06-22 01:37:59 · answer #4 · answered by Shadar 4 · 0⤊ 0⤋
hi my name is james. three years ago i wanted to open a sauna house, but had no funds. and everything that every one else suddested you do failed as well. so a friend told me about ebay and yahoo auctions. he really recommeded yahoo auctions. because there auction service is free. unlike ebay. even if your product does not sell on ebay you are still charged a fee.
now i needed a product to sell.
go to raidentech.com
today i have my sauna house. and still sell on yahoo auctions for free
good luck
2006-06-22 06:42:34 · answer #5 · answered by JAMES w 2 · 0⤊ 0⤋
what kind of business u looking 4 ur self
get in touch with me
i'll definatilly help u in this matter
money is not everything
2006-06-22 02:01:36 · answer #6 · answered by ajay mehra 2 · 0⤊ 0⤋
Check with your bankers. They may be able to help.
2006-06-22 02:01:35 · answer #7 · answered by JP E 4 · 0⤊ 0⤋