my dreamis open a press room . for start this business what should i do ?
2006-08-22 22:59:16 · 7 answers · asked by mohammad_nikzad 1 in Business & Finance ➔ Credit
Take out a loan.
Get it approved
Make a business plan
2006-08-22 23:19:57 · answer #1 · answered by jennifersuem 7 · 1⤊ 0⤋
how do you know you need $300,000? have you done your 5-year business plan (shown on http://www.sba.gov)? If you can show by the proposed income that you can make a profit and that you can make the payments to the bank, then the bank or loan company will give you the money you need. The business plan takes about 3 months to prepare and you need to present that to the loanor when you apply for the business loan.
2006-08-23 01:35:38 · answer #2 · answered by sophieb 7 · 0⤊ 0⤋
First, discover the backside available quantity which you relatively elect, because is a brilliant quantity, you ought to destroy something of your existence borrowing that plenty if it tanks. So do it on the smallest quantity of money available. Then initiate with family, and maybe try looking traders, they are stated as challenge capitalists, they're going to make investments if there is adequate return and potential there. that's no longer impossible in the experience that your theory is super, even with the shown fact that that's quite very very complicated.
2016-12-11 13:39:53 · answer #3 · answered by ? 4 · 0⤊ 0⤋
With a question like that , you should not be opening a buisness, if you are clueless as to how to start, forget it.
2006-08-22 23:42:44 · answer #4 · answered by jerry w 1 · 0⤊ 0⤋
Read some finance and credit tips on this site
2006-08-22 23:04:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
dont venture into anything blindly, work and gain experience and than you can apply for a loan
2006-08-23 03:22:01 · answer #6 · answered by Anonymous · 0⤊ 0⤋
go and shut your self man
2006-08-23 00:18:49 · answer #7 · answered by Cosmin 2 · 0⤊ 0⤋