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Investing in my store
I have a store opened called South End vibes, however I'm trying to keep it opened cause there are as many customers... I need to know what I can do, aor is there a way I can get a grant to keep it opened... I want to wait till the summer... but I have to pay the lease very soon... could any invest in my store? We work with IT and webdesign, any technical difficulty that would disturb someone, we take care of it... we also do promotions...
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If there are "many" customers then you should be making money, have you looked and worked on a budge for the store. While finding investers is a good thing, they will want a lien on the store or part ownership most likely and a good return of profit on their investments, You will need to have a good record of business and profit.
You can also look into SBA loans to help you. Not having enough capital and money to start or over spending when starting is a common mistake of new small business. |
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