2006-08-23 03:20:45 · 8 answers · asked by smoormann 1 in Business & Finance ➔ Small Business
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!
2006-08-23 09:51:30 · answer #1 · answered by TM Express™ 7 · 0⤊ 0⤋
Depends on the nature of your business and your total financial needs (dollars).
You could start your business with your own money. You could ask friends and family to invest in your business. You could get a loan from a bank or other lender. You could ask vendors for credit. You could sell part of your company to outside investors (my line of work).
It all starts with having a solid, well-written business plan.
Good Luck
Contact me if you like.
2006-08-23 11:02:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That is a good question. I would like to know myself. There are too many scams out there for hardly any grants to be believable. You might try looking for business grant seminars. If you find a good one, let me know.
2006-08-23 10:28:11 · answer #3 · answered by watersprings 1 · 0⤊ 0⤋
There are only two ways. You either raise debt or sell equity. Debt financing is relatively easy to get when you are trying to finance something tangible (equipment, real estate, inventory, etc.) Equity financing is always difficult to get, no matter what the particulars are, but in many cases it is the only option.
2006-08-23 11:02:09 · answer #4 · answered by NC 7 · 0⤊ 0⤋
gavernment grants and loans. Some cities may even have special grants and loans to get more business in their area
2006-08-26 18:01:13 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Check out the "US Small Bussiness Administration". This a good place to find out about the different ways to fund a bussiness.
2006-08-23 11:26:38 · answer #6 · answered by BarCo 2 · 0⤊ 0⤋
get a loan
2006-08-23 10:26:18 · answer #7 · answered by ? 3 · 0⤊ 0⤋
.... um talk to your bank? =)
2006-08-23 10:24:43 · answer #8 · answered by lynn m 2 · 0⤊ 0⤋