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What is the best way to raise $25,000 to open a business? I have years of experience. SBA, Small Venture Caps?

Have you done this personally? I see such things as micro loans on TV, but know nothing about these This is a consulting type business, but selling a product. I have been in this line of work before and have an excellent reputation. However, I am now in another city with few contacts for a private placement, LLC type application I could probably do it on $15,000 but would feel there would no risk on my side (that it will succeed) with $25,000. I already have the market fully studied, and the competition is fairly weak. Again, I have done this same thing before. Any ideas from one who is in this business, has done what I am hoping to do...raise $ is appreciated. Do VC companies only deal with bigger fish? Do I need to use a figure of $50,000 to be taken seriously? Are there any regional considerations? I can do this business all over the phone...It's based on an internet presence and print ads to generate calls from a nationwide audience. I know little about grants, but heard if you are a potential employer, this makes you more favorable Point is, I can live anywhere and do this. I expect to employ only about 4-5 people and can generate gross revenue of $300,000. VERY favorable profit margin Feel free to add any questions I should be asking, if this is insufficient information. It's the most likely (best/easiest) source of the money I am seeking. I am willing to give up some owenership/equity position but will not do any 'partnerships' unless absolutely necessary. I need full control and decision making, only because I know precisely how to run such an enterprise. There's no experimentation needed; no MBA know it alls I just need money to get my first 20 customers. It's all on near auto pilot from that point forward

Public Comments

  1. Microloan program which provides loans up to $35,000 - SBA Microloan Program http://www.sba.gov/financing/sbaloan/mic... SBA Accredited Microloan Providers http://www.powerhomebiz.com/vol145/micro... SBA Loan - not as easy and requires collateral, good credit history, knowledge of the business, etc. http://www.sba.gov/financing
  2. Being a small business owner, you need to pay extra attention to management of financial resources. Since growth of your business somehow depends on its financial position, you should always be cautious about cash flaw within or outside your business. It is quite true that lack of finance can become a big problem in the way of the success of your small business. http://www.worldbestloans.com/businessloans.htm Since market is crowded with various business loan schemes, every small business owner can manage to get the desired amount without any problem. Therefore if you own a new and small business organization and financial shortfall is bothering you, then these loans can prove to be the best help for you.
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