QUESTION ON Buying a Business With Little Money We are trying to get funding for buying a strip club. We have no credit and no large sums of money, but we do have 19 years of experience. I am also a Vietnam Vet. Would SBA or private funding be our best bet? We need 1.3 million dollars to purchase a running club. Also is it normal for a consulting firm to charge $15,000.00 up … [Read more...] about Buying a Business with No Credit and With Very Little Money
Bootstrapping Your Business
Starting a small business or home business without startup loans is not only possible - but extremely smart. I mean, why would anyone want to incur major debt from a mountain of BIG bank loans if they didn't need to -- or rack up high interest credit card debt as a means of cash flow management. There is a better way - and it's called Bootstrapping. Let's take a look … [Read more...] about How to Start a Business Without Big Startup Loans
What are the first steps you need to take when starting a business? I have outlined some crucial steps that will help guide you in the right direction with your start-up business. Brainstorm ideas - What kind of business do you want to start? This is a fun step that will help you decide what you are good at, and what you are passionate about. What gets your juices … [Read more...] about Business Start-Up Advice for the City Girl Who’s on a Budget!
Does starting a business with a small amount of money sound too good to be true? No! There are many home based entrepreneurs who have successfully started their own businesses with little money. We've interviewed entrepreneurs who bootstrapped their businesses for as low as $500, yet they are now raking in money from their businesses. The lesson? Do things right! Of course, … [Read more...] about 10 Rules for Starting a Business on a Shoestring Budget
Lack of money and cash flow problems commonly plague small businesses. Often, small and home-based businesses find themselves in desperate need of cash! Small entrepreneurs likewise face significant difficulties when it comes to finding outside funds to support their company's growth strategies. With limited financial help available, small money-hungry businesses must think … [Read more...] about 10 Ways to Expand Your Business with Little Cash