I need to also know how to finance my business
130083
One exception that allows you to start a business while you are not a U.S. citizen nor a permanent resident, is by investing $1 million into a new business and hire at least 10 people.  Once you do that, you'll be on your way to permanent residency in the US.
585391
you need to make 2 list such as your expenses(which is things you buy for your business, or your bills).  Be sure to keep all your receipts this will help you out alot.    This is anything you buy for the business.  The other is earnings.  Another idea is a file box to keep on file all your customers their addresses and how to contact them.  You need a carbon copy recepit book so you can keep track how much money you have made and if they have paid.  another list   you will need is credit  and debits.  if you have any other questions you can msg  me @ lil_4wheelin_rebel on yahoo messenger ... P.S.  I am a business major and accounting and did what you are doing for my boyfriend except it was a computer business so i might can help you out more
569764
Sounds good. You can also look into a making a business plan, and applying for financing(loan) from a financial institution.\n\nFor a business plan there is a very good interactive website that might help get the plan done step-by-step, its absolutely free, and gives samples as well.\nIts a service provided by the Canadian Business Service Center\n\nwww.cbsc.org/ibp\n\nBest of Luck - Buena Suerte
348031
Contact "SCORE", the Service Corps of Retired Executives, in your location.  They may be able to give you some leads on where to go for financing.\n\nHowever, if SBA won't back your funding, then most investors will consider you too risky.
564203
Do both - not only is it good for the grants and loans but it also helps you to clarify what you plan to do and the time frames.  I started my business in January with the help of a government loan and we had to do a proposal letter, a business plan, a projected cash flow and many other documents that have proved very helpful to me in operating my small business.  If you live in Canada, you can apply for the same grant - it's called the Self Employment Benefits plan, and is run by the Employment Insurance office.  They give you great training (two weeks in class) and tons of support, as well as close to $13,000 over 8 months that you do not have to repay.  You can also apply for loans up to $5,000 to get off the ground.\n\nGood luck!
493904
There many ways of doing this. When a business go out of business many times their stock is sold at Auction to liquidate debt. This a good way to buy items that are New. They may Auction in Lot Size, so you may have to bid on 5-10 MP3 players at a time (MP3 is an example), say they sell for $100, you may get them for $20 but have to bid on 10-50 at one time to do this.\nBuy from the company, you need to be a Business. A sole proprietorship is easy and you Social Security number is your tax I.D. in most cases. To buy Wholesale you need your business license which you get from your State Revenue Office, if I remember correct. It just a paper you hang on the wall with your company name (Go to a small business and ask to see theirs and they show you) You send a copy of this to the Wholesalers you buy from so they have it on record. They sell to you wholesale and tax free.\nThere other means of obtaining products, this just a few. There really too much to be able to cover here.
45551
Not that simple.\nFirst , you might want to consider incorporating.\nThat is the first step to separating (to a certain extent) you and your business.\n\nYOur best bet is to start an relationship with a local bank that also offers business credit.\nAsk if they offer a business credit card.\nYou may need to "co sign" for the business at first.\nThis is a process that takes time, as the business grows.\nAs the business gains revenues and profits, and you can show it as a viable credit risk, then credit may be easier to get.\n\nYou will have to get used to the idea, that your personal credit might be tied in for a while.  Creditors know it is easier to walk-away from bad debt, when it does not effect personal credit.  \n\nbusiness credit is also a riskier 'bet' for the creditor.
169631
You will find that as a small business owner, you will not be able to get financing from anyone (including credit card companies) without personally guaranteeing the money.  This move by the financial community effectively removes the "protection" given to you by corporation status.  In other words, plan on signing documents that will make you personally liable for any money borrowed.  This includes bank loans, credit cards, SBA loans, etc.\nYou can pay yourself a salary from the company.  Be sure to deduct the proper taxes from each paycheck.  Another possibility would be to portion some of the money that you put into the company as a loan from you, the shareholder.  You can then repay the loan to yourself over time without withholding taxes.  In addition, you can charge your company a fair interest rate for the loan.  If you are gonig to run the business from your home, there are certain tax breaks you can take for office space, expenses, etc.  Other expenses, such as cell phone, internet service, fax lines, etc., can be paid for by the business.  Before you take any of my advice, though, speak to an accountant to ensure that you properly document everything.
434170
You can start a business now. But keep it as a corporation with a friend. When your paper work comes through, transfer ownership as a gift
615900
The best source of financing for new small businesses is friends and family.  No such thing as free money, and there is almost nothing available in the private investment or loan market for a brand new business that does not yet have positive cash flow or valuable intellectual property.  \n\nIf you do borrow from friends and family, just be sure to do it in a way that is fair for all parties and be sure to document your agreement in a written contract.  Business deals that go sour between friends and family members can get really ugly, and can permanently damage a relationship that is more valuable than your business.  Protect the personal relationship using smart preventive business and legal measures to avoid disputes.
204818
There are a lot of international laws that govern these things.  I would contact a bank that works internationally and an international business lawyer to help you get setup.\n\nGood luck with your venture
152714
I answered this post in your other post about financing.\nI will help you find the property, at no cost to you, and then assist you with financing it. TheBigEasy619@yahoo.com
194649
It depends on the state you are in and the use of the funds.  Often, these resources are tied to SBA loans or some type of CCDC marketable tax credits.  Basically, you would still have to personally guarantee the loan...same as any collateralized bank loan.  Check with your local SBA officer.  They can help you.
13003
You will need to show receipts of the revenue that your business generated. You should have statements from the individuals and companies that gave you the money.
572378
First you need to write a business plan, no one is going to invest in someone without a business plan.\n\nThen decide on how you are going to finance the whole thing. Raise money from private backers, finad a silent partner, banks are not the only places you can raise finance from. Your current visa status could have an impact on your ability to get a loan from a bank, but private money wouldn't care less.
395020
make a comprehensive business/marketing plan.. dont forget to include of course the expected profit of the business.. and show to the the financual ratios.
164790
Hi, I have no experience with this but I've found two sites that may help in starting up your business.\n\nGood luck!