i want to start up a store that only sells mayonnaise. how do i go about getting the loans necessary for this?
466415
A new business idea rarely qualifies for a bank loan (unless you have collateral).  You may however, be able to get an SBA loan.  Your banker can help you with this.\n\nMost likely, you will have to use your own money to start a small business.  Take a 2nd loan out of the equity in your house, use your savings, use 'cash advances' on your credit cards, etc.  These of course are risky and expensive.\n\nIt may be best to 'start small' with your idea and 'test the waters' to see if you can make it work.  Maybe renting a kiosk in a mall would be feasible.\n\nBest wishes and good luck!
387288
You can try if your bank will give you 100% loan. But banks -- even SBA -- always want to see the business owners invested in the business so they require business owners to put in money into the business. As SBA explains it:\n\n"Business loan applicants must have a reasonable amount invested in their business. This ensures that, when combined with borrowed funds, the business can operate on a sound basis. There will be a careful examination of the debt-to- worth ratio of the applicant to understand how much money the lender is being asked to lend (debt) in relation to how much the owner(s) have invested (worth). Owners invest either assets that are applicable to the operation of the business and/or cash which can be used to acquire such assets. The value of invested assets should be substantiated by invoices or appraisals for start-up businesses, or current financial statements for existing businesses."\n\nMake sure that you have other requirements such as collateral, excellent business plan, business financials to convince banks that you can be given 100% business loan. You just have to try.
1018903
The first thing you need is a really good idea.  Do you want to sell products or services, offer information, etc?  Business loans are available for people with bad credit but grants are very few and far between.  If you need a loan, most areas now have a women's business alliance or something similar where you can get assistance with writing a business plan and securing a low interest SBA loan.  You can also try to find an independent investor, but you will sacrifice some control since they hold the "purse strings".  If you can start small, you may not need financing.  \nJust remember that it takes times.  Good luck to you.
817271
get your loan from worldwide banks.visit\nhttp://www.freewebs.com/getyourloan
873168
You stand a greater chance of getting a government-guaranteed loan through the Small Business Administration http://www.sba.gov/financing than a government grant. Read the SBA Financing page to learn about criteria needed for borrowing \n\nIt is hard to find grants to start a business -- even for women and minorities (the first answer is wrong). Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. As long as you are planning a FOR PROFIT BUSINESS, there are hardly any grants for men or women.\n\nAnd yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.\n\nNonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.\n\nEven if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.\n\nEven SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html\n\n"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."\n\nHere is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.\nhttp://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show\n\nMost of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program \n\nGrants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs \n\nI suggest you read the following books to get ideas of how to finance your business:\n\nFinancing Your Small Business  http://www.amazon.com/exec/obidos/ASIN/1572484500/powerhomebizguid\nSmall Business Financing: How and Where To Get It http://www.amazon.com/exec/obidos/ASIN/0808007386/powerhomebizguid\nFinancing the Small Business: A Complete Guide to Obtaining Bank Loans and All Other Types of Financing http://www.amazon.com/exec/obidos/ASIN/1580626815/powerhomebizguid\nThe SBA Loan Book http://www.amazon.com/exec/obidos/ASIN/158062202X/powerhomebizguid\nAngel Capital : How to Raise Early-Stage Private Equity Financing http://www.amazon.com/exec/obidos/ASIN/0471690635/powerhomebizguid\nFinancing Your Small Business (Barron's Business Library Series) http://www.amazon.com/exec/obidos/ASIN/0764124897/powerhomebizguid
595931
Several places.\n\n1) credit cards (revolving credit / high interest rates)\n2) specific product financing (many retailers or dealers offer to finance the purchase price of their product or service - also considered collateral based lending.)\n3) Risk-free loan (some banks will provide you with a loan secured by cash in the form of a CD, stock, IRA or other financial instrument\n\nBut I have to caution you a bit about running up debt before you've accumulated some savings. (Is that the case here?) The most fiscally prudent course when just starting out is to try to purchase things with cash to ensure you don't end up owing more than you can afford...
158886
Go to any mortgage broker an tell them you want to do a No Doc or Nina loan.  This loan requires no verifcation of assets or employment.  In fact, there are lenders that will do up to 95% financing with for a NINA/No Doc loan
332421
Well, you could start by saying what kind of help you need.  Do you need financing, labor, legal advice, or what?  If the idea is a good one, a local bank should have a fair amount of resources for you.
493314
Hello, \n\nBelow are websites that I think can help, they are for organizations that help people in countries other than America.  They help with Micro-loans to help you start your own business.  And as it grows you can continue to borrow more money to expand. \n\nYou can also look online for "international micro lender".\n\nThe second and third links are of other men in different parts of Africa that have used the services of Accion International to take loans and start their own businesses.\n\nAnd I don't know if you already have a business idea in mind or not, but African Black Soap and Unrefined Shea Butter sell VERY well in America.  I will put links to this as well.  If you can get a loan to purchase these materials you may be able to start making more money than the gentlemen in the links I provided (we can hope :). I recently paid $30 US for 2 - 5 oz. bars of natural black soap and 2 - 4 oz of unrefined shea butter.  There is also a women that lives in Africa that is selling the soap through ebay.   \n\nBest of luck to you and your family
1163683
The business of lending is a dense one and should be researched properly. To get started, I suggest contacting the Small Business Administration (SBA) – links below. Entrepreneur also offers a great site dedicated to money & finance – see below.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan (Small Business Series, No 1) by Bryan E. Milling\n* The SBA Loan Book: Get A Small Business Loan--even With Poor Credit, Weak Collateral, And No Experience by Charles H. Green\n* The Insider's Guide to Small Business Loans by Dan M. Koehler\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
616308
The first step is to prepare a business plan. Even if you will not be applying for a bank loan, a business plan helps you to think through your business - what it needs, who it will benefit, how much it will cost, and what is its potential. Here are free business plans on childcare business that you may want to look into:\n\nhttp://www.sba.gov/library/pubs/mp-30.doc\nhttp://www.misbtdc.org/documents/BPWORKBK.pdf\nhttp://www.misbtdc.org/documents/CDCPLAN.pdf\nhttp://sbdcnet.utsa.edu/sbic/bplans.htm \n\nYou may want to read the free article "How To Start Your Own Day Care Center" http://www.powerhomebiz.com/vol40/daycare.htm It covers various aspects of starting and running a daycare center including the demand for daycare centers, how to start this business, shoestring strategies, how to operate a daycare center, tips on caring for the children, income potential, how to manage your daycare, marketing your business and other additional income potential. There are so many things to learn about the business that the first step is to read everything you can find.\n\nFor in-depth information, I suggest checking out the following books:\n\n- Start and Run a Profitable Home Day Care \n- The Daycare Provider's Workbook \n- Start Your Own At-Home Child Care Business \n- So You Want to Open a Profitable Child Care Center : \nEverything You Need to Know to Plan, Organize and Implement a Successful Program \n\nIt is also important that you learn the tax rules affecting daycare centers, especially if you are going to open one from your home. Here is the IRS page on child care centers: http://www.irs.gov/businesses/small/industries/content/0,,id=99878,00.html\n\nAs for the licenses and requirements in your state, the Administration for Children and Families provide a state by state listing of contacts for licensing and regulations governing child care businesses:\nhttp://www.nccic.org/statedata/dirs/regoffic.html\n\nIn Ohio, contact this agency:\n\nOhio Department of Job & Family Services \nBureau of Child Care and Development \n255 East Main Street, 3rd Floor \nColumbus, OH 43215-5222 \nPhone: 614-466-1043\nFax: 614-466-0164 or 614-728-6803\nWeb site: http://jfs.ohio.gov/cdc/\nE-mail: childcare@odjfs.state.oh.us
323263
Speak to the bank manager at the bank of you're preference. He/She would be able to help you and explain all the requirements that need to be met to get a loan.\n\nBest of luck!!
598920
For small business loans, study SBA's requirements and credit criteria http://www.sba.gov/financing  \n\nIt is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.\n\nNonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.\n\nEven if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.\n\nEven SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html \n\n"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."\n\nHere is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.\nhttp://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show\n\nMost of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program \n\nGrants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs \n\nFor private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online. It's a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don't have listings of private foundations who give grants to would-be entrepreneurs.\n\nhttp://www.cfda.gov\nhttp://www.grants.gov\nhttp://gtionline.fdncenter.org\nhttp://www.powerhomebiz.com/vol66/grants.htm\nhttp://www.sba.gov/expanding/grants.html
368132
You need a vendors license and a building.  You will probably need a buisness loan to get started, you need to figure out all of your expenses first and then get the loan.  You need to do a ton of research on the products (sneakers), on the best location in your area to have a new sneaker store, most of all you need money.  Then you need to look into which brands you want to carry and you are going to have to find out who to contact to buy your products from the manufacturer so you have products to sell.  Good luck to you and please do tons of research, it will make the difference between retiring early and filing bankruptcy.
870821
If you are looking for loan and how the government can get you one, I suggest you contact the following agencies. They can advice you and point you to the right direction in seeking out small business loans:\n\nSBA New York http://www.sba.gov/ny/ \nNew York SBDC http://www.nyssbdc.org/ \n\nAlso check SCORE offices in your area in NY. They are a group of retired executives and business owners and you can get free advice from them in starting your business\n\nAlbany - Northeast SCORE http://www.scorealbany.org \nBinghamton - Greater Binghamton SCORE http://www.greaterbinghamtonscore.org \nBuffalo - Buffalo Niagara SCORE http://www.scorebuffalo.org \nGarden City - Nassau County SCORE http://www.scorelongisland.org \nKingston - Ulster SCORE http://www.scoreulster.org/ \nNew York - New York SCORE http://www.scorenyc.org \nPlattsburgh - Clinton, Franklin, Essex http://www.scoreplattsburgh.org \nPoughkeepsie - Dutchess SCORE http://www.scoredutchessny.org \nRiverhead - Eastern Suffolk http://www.easternsuffolkscore.org \nRochester - Rochester SCORE http://www.scorerochester.org \nSpring Valley - Rockland County SCORE http://www.rocklandscore.org \nStaten Island - Staten Island SCORE http://www.score476.org \nSyracuse - Syracuse SCORE http://www.syracusescore.org \nWatertown - Watertown SCORE http://northcountryguide.com/slc-chamber/score/ \nWellsville - Chautauqua Region SCORE http://www.scoresouthwestny.org/ \nWhite Plains - Westchester SCORE http://www.scorewestchester.com
236583
You will need a number of licenses notably a public health license and preferably a liquor license as well. If you are customer with a bank and you have a good relationship with them, you would best off approaching them first. You might also want to read about setting up a business and writing a business plan. Finally, you might want to recruit key staff msot notably a chef if you are not planning to cook yourself. For advice relevant to your area, you might want to speak with your local chamber of commerce as well as your local business advice bureau. If you are a franchisee, the franchiser should provide you with advice about setting up your restaurant.
1073428
In my experience it is almost impossible to get a loan to start a business, especially if you have bad credit. \n\nTry friends and family for loans.\n\nDon't give up. If comedy is your thing, try to start a less expensive business with comedy and work your way up. I imagine a club and restaurant must cost a fortune.\n\nThe best advise I ever got on starting a business was to create a business plan. It helped me see exactly what I needed and was like a road-map that always pointed me in the right direction.\n\nI did however underestimate the amount of start-up capital by about one half. So whatever you think you need for money....you will probably be off. I have heard this from a lot of business people.\n\nTry searching the Internet for small business assistance. Call your local Chambers of Commerce, sometimes they can point you in the right direction. \n\nBest of luck to you.