Hi, do you think if its possible to set up a small biz with 10k and make it work in financial terms? Thanx.?
824616
i would say yes - of course that depends on what the nature of the business is. \nIf you wanted to open a first class restaurant and needed premises fitting out with kitchens etc, or a factory with heavy plant machinery needed to run the business then you might struggle! however, i have a services based business and work from home, it cost me around  £1k to get up and running and i have just passed my first year and am here to tell the tale.\nas long as you do the financial planning you need and feel you could do it for £10k then go for it! it could be the best thing you ever do.
534691
Open a brokerage account.\n\nTop 3 Answerer in Business & Finance. (Vote for me)
1138502
If it's a novel idea, you could just sell the idea.  That could be quick and easy.  But then, you won't benefit from the recurring revenue or growth of the business.  You might consider ridding your mind of the words "quick" and "easy" and being sure you are determined to follow through and make it happen.  \n\nThat said, here are some steps:\n1) Get (virtually) free advice from retired business owners through the Small Business Administration-sponsored program called SCORE.  You may have to pay around $50 for membership but it's well worth it.  SBA helps to arrange loans to new businesses, but you'll have to put in some effort (see below).\n\n2) To get funded, ideally you'll have a business plan.  There are a lot of helpful tools available ranging from Word templates to complete programs.  I'd just google "free business plan template" etc.  Even if you don't turn it into an epic piece of literature, a template will help structure your thoughts so you're speaking the same language as potential sources of loans and investment capitol.  You might also get help on this from MBA students at your local university - if all else fails, try pinning a note up at the business school.  Back to your plan, a couple of sentences for each section will at least give you a starting point.  Bring the items you don't know how to answer to your business advisor.\n\nConsider these goals to prepare yourself, each of which you can get help with:\n- be able to sum up the business/product/service concisely\n- be able to explain it in greater detail and to anticipate questions a potential funder or investor would ask you.  Write down the questions your advisor asks you - these are the same ones you'll be asked by investors.\n- what are the development and production costs?\n- how is the product sold and who/what are the customers?\n- what will customers be charged for the end product or service? \n- comparing start-up costs to income projections, when will the business "break even"?\n- consider your role in the business going forward.  What strengths do you bring to it, and what are your weak points?  This isn't a question to get you to sell your abilities so much as to help you identify the kinds of people you'll need to help you run the business.
791847
don't go for big invest to start biz.Bank can provide u loan ,when u start earning profit pay back it.
1163779
I don't know the industry-specific, but generally small businesses go for 2-3 x cash flow.  The smaller the business, the lower the multiplier generally speaking.  Of course if there is real estate involved that will increase the price, but you should normalize it to what it would be as an expense in terms of monthly payment and then recalculate your Net Cash Flow and the price accordingly.\n\nwww.dnainvestments.com
270951
If you cannot manage your personal finances. What makes you think you can manage a business?\n\nI suggest you to repair your credit score and save half your income.
69095
Hi!\n\nThere are thousands of such businesses. It all depends on what you know already. Many of the consultants out there were able to start from zero, becuase their knowledge is their asset. For other smallbusiness ideas it's usefull to visit www.entrepreneur.com. Look here for example: http://www.entrepreneur.com/Your_Business/YB_Node/0,4507,110,00.html\n\nGood luck!
266047
No. Your own money would be the best. With your own money, you can pace yourself, and less pressure if the business does not work. There is greater risk if you take on loans, and more pressure.\n\nTake for example for a business whose startup capital is $50K. If this is financed from your own money and you lose out, then you are out of $50K. But if this is a loan, you will be out of $50K + interest and your collateral is at jeopardy. \n\nIt depends on your business objectives, your level and tolerance for risks, and how fast (or how slow) you want to push your business.\n\nBut if you have to go get a loan, always go for the cheapest (lowest interest rate and better terms). Shop around before signing on the dotted line
394626
I would try the SBA (Small Business Association)
599111
Sure can.  I would recommend working through an international law firm or similar type of service provider to do it, as you must comply with various formalities, there are tax consequences, etc.  The precise costs of setting it up and the requirements (such as minimum capital, etc.) will depend on the country you are considering and the type of entity you set up; for example you could set up a partnership (i.e., pass-through) entity, regular (i.e., US C-Corp-type) company, etc.  The best choice for you will probably depend on what  is you want to do in that country.
1045628
Yes. There are tons of options. The best one in my opinion is 100% financing. Contact a local broker who can give you the best rates due to the availability of being qualified with several lenders. They are all competeing for your business.
112607
your best bet is to look to purchase a business from someone that is looking to retire.  \n\nAlso, if you feel that you can add something to a business that will make it prosper then you might be able to get a real bargain.  Also, if you purchase SEVERAL small businesses you can build up some scale and eliminate duplicate costs -- therefore make a higher profit for yourself.
447204
i would probably start by creating an online business that deals with what you are trying to do. That could help you obtain the capital needed to start you big business
839429
ask what the cost to buy into this is (the start up cost). ask about the  term of the agreement, ask amout what kind of help they are going to give you to help this business get up and running? Good luck
127484
Donate 10% to charity and invest the rest. Find a broker nearby and that money could grow into something even more useful.
293965
I think it is a good idea if you are really involved and want to do it. I would suggest starting by doing a few parties for free, and then once you get some business, start charging. Good luck!
407077
There is no such thing as a guaranteed return.  Every business has the potential to fail, and if it fails there is no way for you to make good on that guarantee, becuase if you had the $10,000 to make good on that guarantee and you knew your idea was that good you wouldn't have brought in an investor.