No credit, no start up capital, tons of experience, and mad skills, how can I open my own restaurant?
I've already started my business plan, and know My target demographic, menu, and etc. This will be a viable concept, even in this poor economy.
Food service businesses can be tough do to build out costs. One option would be to rent out a restaurant during off hours to do catering. The other that comes to mind is taking over a dying business, with little or no money changing hands. Need to know who's hurting? contact some vendors and inquire about who is late paying or on cod terms cash only. I have a friend here in Cali who has bought several bars this way. He arranges financing through vending machine companies. They advance the money, and subtract the advance from the weekly income (50-50% split) A pool table, cd juke box, games, soda machines, candy machines you name it, his bars start out looking like arcades! Good luck with it!
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Raise Capital
http://artfieldinvestments presents "Raise Capital" – raise capital, do mergers and acquisitions by going public.
Duration : 2 min 3 sec
does anyone know of any LEGAL ways to raise start up capital for a new business?
My father is starting a woodworking business and needs to raise money to get started. Government grants are a long shot and he doesn't have credit to get a loan. Any ideas?
We are in Muskegon MI USA
There are all kinds of grants out there, so it may not be as long a shot as you might think. Really. There is probably someone out there who will give at least a small grant on the basis of your favorite color. If your father can demonstrate
1) any kind of minority status (or partner with anyone who can)
2) benefit to some segment of society (by providing goods, services, employment, training, etc.)
3) hook into some group that has some kind of interest in what he is producing (like the society for the advancement of faithful Victorian era woodwork reproductions–I made that up)
4) eligibility for any kind of local small business development incentives
5) There may be grants or loans out there based on former activities or employment (military, labor unions, school, etc.)
He has a shot there. And not all grants are government based, so don't limit yourself.
Hook into a local high school, youth program, work reentry program, or tech college for cheap or subsidized supplies and labor (internship/apprenticeship)
Go out there and look for investors. You can limit icky friend and family 'unwanted obligation' pressure by making sure you are laying out a formal business contract, with clear repayment / return on investment terms, preferbly administered by a neutral agent such as a bank or lawyer. You may have to ask 200 people to get five investors, but so what?
Good luck, Muskegon.
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1976 – Capital Punishment
http://www.WatchMojo.com looks back at the 20th Century. In 1976, the Supreme Court upheld the death penalty as a legitimate form of punishment, after ruling it to be unconstitutional in 1972, violating the second amendment.
Duration : 19 sec
Are personal credit cards used to start up a business considered capital or liability?
I contributed $90,000 to start a business by using personal lines of credit. My partner contributed $10500 of cash. He is telling me that since the lines of credit have interest applied to them that they are actually company liabilities and are not to be considered capital? How does this work?
Any money that is borrowed and that needs to be repaid is a liability. If the funds were borrowed personally and the company doesn’t need to repay the money then it could be capital investment made by you.
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Generally, how much start-up capital is necessary to form a Cult?
Do you have to be wealthy? Can you be of meager means?
What kind of expenses am I looking at? Renting out high-school gymnasiums, maybe my own motel complex, picnic supplies, toxic beverages (haha just kidding) but seriously, help me out please?
I would say you would need to start by having followers first. And then charm them into giving you all their money and personal belongings. That should be enough to rent several gyms.
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How To Avoid A Capital Gain
This video illustrates one technique to sell a highly-appreciated et with no capital gain tax, create an income, get a tax deduction, finance a long term care policy and help your church.
Duration : 3 min 26 sec
How can I get start up capital for a new non-profit corp?
The company is called C.T.C. Corp EIN#86-1169512. My buissness plan is almost completed. I'm out of work and totally broke! Im the only employee so far. I would like to find someone who is willing to invest. I need to assemble a board of directors, and will give the investor a board position. As CEO I cannot have controlling interest. Therefore the investors will have controll of the tresury. Who's out there to help set this up? I'm hungry and day labor sucks!!!!( I'm an out of work engineer)
In general: when you look for funding of your (non)profit business I would advice to take a look at www.gobignetwork.com It's a network with lots of (new) entrepreneurs, (angel) investors etc
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Why do start ups only think about the big sale
Why do all companies only ever think about the big sale at the end of the day
Duration : 2 min 5 sec
What are some sources for start-up capital for a new business or invention?
I am trying to get my invention patented and start my company that will sell my invention, but I don't have any money and I don't want to mess with loans because my credit isn't in the best shape.
By researching the prospect of starting your own business — what it entails, what you need to know, helpful hints, etc — you'll feel better prepared to take that plunge.
I found some book titles that are relevant to your specific question:
Finance Specific:
* Financing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy
* The Small Business Start-Up Kit by Peri Pakroo, Peg Healy (Editor)
* Finding Money: The Small Business Guide to Financing by Kate Lister
* Free Money for Small Businesses and Entrepreneurs by Laurie Blum
Inventor Specific:
* From Patent To Profit: Secrets & Strategies For The Successful Inventor, Third Edition by Bob Dematteis
* How to License Your Million Dollar Idea: Everything You Need To Know To Turn a Simple Idea into a Million Dollar Payday, 2nd Edition by Harvey Reese
* The Inventor's Bible: How to Market and License Your Brilliant Ideas by Ronald Louis Docie
* The Complete Idiot's Guide(R) to Cashing in On Your Inventions by Richard Levy
I also posted some article links in the source box.
Hope that helps! I wish you much success & happiness in all your ventures!
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