Question
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Feb 24, 2008, 04:16 PM
| | New Member  | | Join Date: Feb 2008
Posts: 4
| | | small business start up progams for convicted felons
Are there any known government programs to assist convicted felons in starting a small business or buying into a franchise ?
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Answers
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Feb 24, 2008, 05:45 PM
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#2
| | | Christianity Expert
Join Date: Nov 2005 Location: Atlanta GA
Posts: 24,562
| no, there are no progams just for felons, and few programs for buying a business, there are tax breaks for employing enough people, some grants for starting a business in depressed areas or special areas of reasearh, but not enough to pay for all the start up, you will still need loans and personal investments | |
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Feb 25, 2008, 12:41 AM
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#3
| | | Arts & Small/Home Business Expert
Join Date: Mar 2007 Location: Rock Island, IL
Posts: 10,600
| What kind of business is it that you are wanting to start or franchise that you are wanting to buy into? Knowing those things would make a difference in the kinds of answers that you will receive here. There are different ways of approaching how to initially fund starting a business depending on what the business is going to be. | |
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Feb 25, 2008, 07:22 AM
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#4
| | New Member
Join Date: Feb 2008
Posts: 4
| Quote: | Originally Posted by Clough What kind of business is it that you are wanting to start or franchise that you are wanting to buy into? Knowing those things would make a difference in the kinds of answers that you will receive here. There are different ways of approaching how to initially fund starting a business depending on what the business is going to be. |
I currently have a small home improvement company. I am looking to buy a power washing franchise, with state of the art equipment, which will allow me to expand my services to homeowners as well as commercial customers. | |
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Feb 25, 2008, 07:25 AM
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#5
| | New Member
Join Date: Feb 2008
Posts: 4
| I currently have a small home improvement company. I am looking to buy a power washing franchise, with state of the art equipment, which will allow me to expand my services to homeowners as well as commercial customers. | |
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Feb 25, 2008, 07:49 AM
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#6
| | Expert
Join Date: Aug 2005 Location: On the outside
Posts: 8,298
| Hello night:
Exconvicts aren't real popular these days. Nope, they don't wanna make it easier for you to succeed. But, they don't wanna make it harder either.
You're gonna need to seek conventional financing for your project. The franchise people should finance you to some degree if they think it's a good deal.
excon | |
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Feb 25, 2008, 10:47 AM
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#7
| | New Member
Join Date: Feb 2008
Posts: 4
| Thanks buddy appreciate the love | |
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Feb 25, 2008, 03:43 PM
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#8
| | New Member
Join Date: Feb 2008
Posts: 2
| Are there any assistant programs from the SBA for felons trying to start there own small business? | |
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Feb 25, 2008, 04:03 PM
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#9
| | Expert
Join Date: Aug 2005 Location: On the outside
Posts: 8,298
| Hello jv:
No. Read the above. Nobody likes exconvicts.
excon | |
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Today, 01:08 AM
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#10
| | | Arts & Small/Home Business Expert
Join Date: Mar 2007 Location: Rock Island, IL
Posts: 10,600
| Thread is now old and has had sufficient responses as well as dialogue in it. New questions concerning the topic of the original question are welcome to be posted by asking new questions by starting new threads.
THREAD CLOSED. | |
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