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What would be the best business option. Partial finance, all finance, lease property, purchase property?

2007-11-25 08:59:47 · 3 answers · asked by Charles W 1 in Business & Finance Small Business

3 answers

The business plan will come before the financing, and will include a description of financing needed and where you expect to get the money.

Without knowing what kind of business, the rest of your question is hard to answer. It's very unlikely that you'll find all finance for a new business - usually you have to have some of your own money to get started, if not the full amount either your own or borrowed from friends and relatives. If you are doing something that costs hundreds of thousands of dollars, there will almost surely be some outside financing involved, but if it's $10K, it's probably just your money.

Where possible, leased space is probably more reasonable than purchased property, at least until you get up and running and the business has proved to be a success, but again that depends on the business.

2007-11-25 09:40:25 · answer #1 · answered by Judy 7 · 0 0

If you are in the UK, contact Business Link in your area. A fund of infor for you,just for the asking.

2007-11-25 17:34:33 · answer #2 · answered by Kitty Katty 4 · 0 0

You need to supply a lot more detail to answers.

2007-11-25 17:02:45 · answer #3 · answered by Anonymous · 0 0

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