My husband and I are middle age. We have had a great deal of financial hardships in the past due to many things, including the loss of our daughter. We are both very hard workers and have college degrees in business mgt and marketing. We have a great business idea that we need help with.
We desperately want to start a service that is taking off in other cities. These business owners are making money hand over fist and turning business away because they can not keep up. There is no other companies in our area that offers this service and we know that it would take off in this market as well. Because of our financial issues our credit situation is not good and we are looking for a small business loan for around $10,000. Do you know of any organizations or investors that may be interested in helping with this? Any serious advice will be very much appreciated. - Thank you!
2006-10-11 01:51:34 · 4 answers · asked by Julia 2 in Business & Finance ➔ Small Business
What about getting a government grant for it? There are lots of websites available that show you how to search if a grant is available for your type of business. You might qualify under the type of business, or because it's a 1st business, or because you lost your daughter, etc. A grant is nice because it doesn't have to be repaid like a loan would.
As for an actual loan, it's easier to get a car loan than a business loan, because if you fail to pay, they can reposess a car, but not a buisness.
Talk to someone that you trust, but that also trusts you, and see if you can get someone to co-sign the loan. It's not an ideal situation, and if you do it, you need to make sure you are making your payments on time. The co-signer is basically agreeing that if YOU don't pay, THEY will. This can also affect their credit rate.
You could also ask a family member for the loan, if anyone in your family has access to that much cash. But, if you do, sign something and get it notirized. Have it state how much the loan is for, what the loan is for, how much interest you'll pay (if that's something the other person wants), how much payments will be, and what day of the month the payments will be expected. When you pay, leave a paper trail- that means, write a check, and get copies of all cashed out checks from your bank.
You could also look the way of investors. If your business is something that requires such little money down, and has such a high yield, you might be able to intice investors into investing in your business. This gives them a cut of the profits, though.
2006-10-11 02:24:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I know how you can make some money fast with helping others. You can make around $54,000 by Jan "07" with our help as this is for people that are serious and who don’t want to be misled as we have tried many things and have found a company that has been around for 21 Years and pays you to advertise for them. My wife and I just started and are doing well. It is not an MLM company and no selling, no deliveries or stocking product. My wife’s aunt has been working with this Company (Melaleuca) for a little over 3 years and home schools 3 kids and makes $9,000 a month. It is a 500 Inc company and the CEO is on the U.S. Chamber of commerce board. I can arrange a web cast with my wife’s aunt for you and you can decide by yourself and WE WILL help you be successful. It is an honest Win Win.
If you want to see a web cast (presentation) from your home let me know and I will arrange it as that truly is the way to see all about Melaleuca. Have you heard of it. We have just gotten started with my wife's aunts help as it is a team effort and it is fun. Just a quick F.Y.I. 8 out of 10 people that see the web cast join the company and 95% of the people that join re-order product each and every month. Let me know when you are ready and we will set up the web cast.
e-mail: cleanandsafehome@yahoo.com
Thanks,
Rich & Teresa
2006-10-11 05:50:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The pilot pivots the plane around the axis of its important landing kit mutually as nevertheless on the floor. After lining the plane up on the runway, the pilot applies the brakes (achieved by making use of making use of tension to the suited of the rudder pedals - each and every pedal controls its respective wheel). The throttles are then stepped forward to protection tension potential (one hundred% RPM). using fact the engines land up, the engines and instruments are given a "final minute" examine. whilst each and every thing is waiting, the brakes are released and the plane hastens down the runway. At a pre-desperate velocity, the pilot pulls decrease back on the shop on with pitch the plane upward approximately 5 stages. whether the nostril wheel is off the floor, the optimum kit remains on the runway using fact there is not yet sufficient airflow over the wings to create sufficient elevate to enhance the plane. After a speedy mutually as, the plane reaches the fee (ninety knots) at which its wings produce elevate somewhat extra desirable than its weight and it takes to the air.
2016-10-19 04:57:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Hi, I hope that everything works out for you. Try going onto the site below. Has some interesting stuff in it. Nypl.org.
http://www.nypl.org/research/sibl/smallbiz/sbrc/Pages/index.cfm
2006-10-11 02:59:28 · answer #4 · answered by Light 3 · 0⤊ 0⤋