2006-07-07 03:11:59 · 2 answers · asked by Acha 1 in Business & Finance ➔ Careers & Employment
It can be quite straightforward to start a business, open premises and have staff. However, before you can start trading you require extra capital (cash and credit). You can do this by way of a business loan from a bank, from a venture capitalist or by mortgaging your home or business premises if they are yours. Having done so, you now possess working capital. It can be used to pay wages for the first couple of months until payments are received for services or goods. Because you now have a working capital, you are more likely to get sufficient credit from suppliers, probably thirty days to start with, later extended to two months. Provided everything went according to your business play, you are up and running and you will be soon able to repay your debts including the bank loan................
2006-07-07 03:19:50 · answer #1 · answered by thomasrobinsonantonio 7 · 0⤊ 0⤋
did you do your home works? done your business plan? Is the business feasible? when your investor gets his money back? what can you offer to make sure your investors don't loose their money in case the business goes burst?
2006-07-07 03:15:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋