i wont to buy fast food restuarant ,, ihave no money ,,no credit
2006-09-19 16:44:11 · 6 answers · asked by mike 1 in Business & Finance ➔ Small Business
The business of lending is a dense one and should be researched properly. To get started, I suggest contacting the Small Business Administration (SBA). Entrepreneur also offers a great site dedicated to money & finance – see below for both.
Research, research, research – this cannot be stressed enough. Read as much as you can about the process. Here are some book titles that are relevant:
* How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan (Small Business Series, No 1) by Bryan E. Milling
* The SBA Loan Book: Get A Small Business Loan--even With Poor Credit, Weak Collateral, And No Experience by Charles H. Green
* The Insider's Guide to Small Business Loans by Dan M. Koehler
* Restaurant Financial Basics by Raymond S. Schmidgall
* Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan and Feasibility Study by Sharon Fullen
* Upstart Guide Owning & Managing a Restaurant by Roy S. Alonzo
* The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation by Douglas Robert Brown
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!
2006-09-20 08:34:54 · answer #1 · answered by TM Express™ 7 · 0⤊ 0⤋
You can only apply for a loan provided you have something to mortgage to the bank, such as property. If not, no luck at all expecially in S'pore. Unless you go for other kind of financial advances, such as credit line from the credit card centre, provided the amount is not too big.
2006-09-19 17:00:17 · answer #2 · answered by babyblu 2 · 0⤊ 0⤋
Go To The Bank And Get One.
2006-09-19 16:58:14 · answer #3 · answered by BKJH_92 2 · 0⤊ 0⤋
You can get financing from several different places. Here's a beginner's guide to business financing http://www.home-business-expo.com/8102006_SmallBusinessFinancing.asp.
2006-09-20 04:30:12 · answer #4 · answered by SAM 2 · 0⤊ 0⤋
And no chance of getting a loan.
2006-09-19 16:51:14 · answer #5 · answered by Christopher B 6 · 1⤊ 0⤋
kneel down and beg with your bank manager.
2006-09-22 02:47:26 · answer #6 · answered by Anonymous · 0⤊ 0⤋