I plan on using my veteran’s small business loan, but I’m completely lost. How much startup capital should I borrow to ensure I don’t go broke before it becomes profitable? Any and all input is welcome. Thank you.
I plan on using my veteran’s small business loan, but I’m completely lost. How much startup capital should I borrow to ensure I don’t go broke before it becomes profitable? Any and all input is welcome. Thank you.
Connect with your local Economic District. We went through a program through our areas. We were able to build a business & marketing plan that helped answer our capital questions. If we wanted a loan, we had the documents in place to be able to qualify for one.
You have a great idea and a notion on how to get there however there is some work to reduce the chance of it collapsing. Do the extra homework.
Thank you. That’s a great resource.