I would like so much to start my own business. I would like to open up a banquet hall for parties and meetings. After research, I hear it is best to develop a business plan. My question is do you need good credit after you develop a business plan in order to get investors or banks to give you money?

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Originally Posted by makingbaskets

I would like so much to start my own business. I would like to open up a banquet hall for parties and meetings. After research, I hear it is best to develope a business plan. My question is do you need good credit after you develop a business plan in order to get investors or banks to give you money?

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Why would your "investors" trust you if banks don't?