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    jneal5512's Avatar
    jneal5512 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Jun 23, 2013, 05:18 PM
    Getting funds for a small business
    What is the fastest and best way to get funds to start a retail store front business?
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
    		  
    #2

    Jun 23, 2013, 05:28 PM
    #1 write a check from your bank accout... or #2 Ask relatives...

    Otherwise you have to borrow money elsewhere and its neither fast nor easy... and not guaranteed either.
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
    		  
    #3

    Jun 23, 2013, 05:43 PM
    Do you have a business plan? What would you sell?
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #4

    Jun 23, 2013, 05:44 PM
    If you think they are just handing out money to anyone who asks... think again.

    DO you have a business plan? Nobody will loan you a dime without that to start with.

    What's your personal credit score? If you have bad credit... forget it.

    Many people resort to their own savings and personal credit cards to get started as nobody will loan them money...

    If you have no money saved... odds are they will turn you down... they won't give you 100% start-up costs... you have to put up a substantial amount of your own money first. Because then you have "skin in the game" so to speak.
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