how do i get funding for new business venture....?

Question

i want to start a business in arizona, and i need some capital. i have no idea where a young entrepreneur can get funds, so can you help? any ideas would be great, and my parents are poor too, so ive thought of that

Answer 1

Start with you local Small Business Administration..... or if your attempting to market a specific product or something you invented.... get on-line and look for someone / company that invests in small business.... You may want to also look to see if there are any grants available...... some you never have to re-pay.... (thats our tax dollars at work) !!!

Answer 2

Firstly, congratulations on thinking of starting-up.
Now there are two things that you can start off with , 1. approach the government (Small business grants etc.) 2. Approach the others (VCs, Banks, Pension Funds, Business Angels(the rich guy in your street)).
As a prerequisite, I would suggest that you should have a new idea or a find a new market. Make sure you have a concrete business plan(if you don't ......start making one!), if you could gather a team there are more chances of getting funded.
These are all rough guidelines......funding depends on what sort of idea you have. You can see the VC directory at www.vfinance.com , which is a helpful site to find funding.
Its going to be tough dude...but trust me, a baby has to face pains when it learns to walk!.....so get going..and I hope your efforts give nice results. best of luck

Answer 3

you need to raise money..thats the bottom line ..heres a way that works every time...you need to have a buisness plan, you must state your goals, your vision and operational structures..in this plan you must provide the means of how the" forms" of the planning meets customer supply and demands..are you going to be a part of a marktt?what percentage of the market do you want..how are you going to impleanent this share of it .are you going to create a market for a new product?statistical stratagies and tactical structure charts....THEN, you take this plan to the bank and askm for money..they will make you a sole proprieter of a personel guarantee on the funds provideing you have "A" credit and some assets.If this doesnt work you need a partner with the same vision...if this fails you need to put money in a gic then borrow against it and the interest rate fluctuates depending on the amount invested ..this will provide the bank with a portfolio after you have made your payments.NOW makeing all your payments the way they want you to will give you AAA credit because the bank made money...paying it off rite away doesn't cause this effect...then you ask for money....BOOOOM...your vision is in play....

Answer 4

SBA loan