2007-11-27 03:02:00 · 3 answers · asked by lightcake29 1 in Business & Finance ➔ Other - Business & Finance
What would you want to see in a person who came to ask you for a large sum of money?
I'd want to see their credit history.
Are they known for paying their debts?
Do they have a good job history?
Have they held a good job for a number of years?
This would also answer if they are reliable.
Do they have any collateral?
Does their idea have the potential to make a lot of money?
Are they believable?
Have they done their homework and shown that they know their business?
Do they have confidence and drive to accomplish their goals with you or without you?
You get the idea. What would you look for in a person seeking a loan from you?
2007-11-30 15:15:32 · answer #1 · answered by Jann 3 · 0⤊ 0⤋
They want to be sure that you are a good credit or investment risk. One factor in the evaluation process is a fully developed business plan.
2007-11-27 11:07:36 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
You'll get the idea if you go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for instructions on how to write a business plan and sample business plans.
2007-11-27 11:48:16 · answer #3 · answered by Anonymous · 1⤊ 0⤋