I need between $30,000 and $50,000 to start my business! I have nothing , no money, and decent credit which I hope improves shortly as it decreased so much from buying a new car. When I look up small business loans, I continue to see requirements for showing how much your business makes, submitting finances, etc. but I need funds to START THE BUSINESS. Can someone please please guide me in the right direction 🙏 I don’t know anyone who could invest or have family to help me.
You must log in or register to comment.
What’s your minimum viable product that will start generating revenue? For instance i manufacture cabinetry, but I didn’t start out buying machinery, I found a ready-to-assemble product that I could retail and install and grew from there. Initial investment of $5k saved up working a 9-5. There’s probably a similar path you could pursue.
You could sell the car that you just bought
Stay away from banks. Showcase how you are putting your own investment (cash, commitments, risk ect) into this because you believe in it. Write a solid business plan with projections based on industry facts and competition… find yourself an investor, ideally one with skill set related to your business