Career Questions and Answers
How do I get money to start my own business?
Asked by Adam H
I just graduated from College with a degree in Business MGMT and Applied Psychology. I think I could create and run a business. I only have about $600 in my bank account and the most expensive thing I own is my 6000 car. I have 20,000 in student loads that I need to pay off. My fancy Tech job of working at an internet retail store as a sales specialist only pays $9.00/hr in MT. How can I get money to run my own business so that I can apply my education and passions?
Asked by Adam H
I just graduated from College with a degree in Business MGMT and Applied Psychology. I think I could create and run a business. I only have about $600 in my bank account and the most expensive thing I own is my 6000 car. I have 20,000 in student loads that I need to pay off. My fancy Tech job of working at an internet retail store as a sales specialist only pays $9.00/hr in MT. How can I get money to run my own business so that I can apply my education and passions?
A:
Best Answer:
the lotto
the lotto
A:
The SBA (Small Business Association) has loans for just this purpose. Check them out online.
Answered by piedpiper1223
Answered by piedpiper1223
A:
You probably won't be able to start your own business any time soon, unless you have the highest credit score in the country. You're probably better off saving some money (hopefully get a better job), pay off your student loans, then try to get a loan to open your own business. You will also need a detailed plan and do extensive research about the market you will target with our business, because the bank will want to know every detail.
Answered by Bride_sk
Answered by Bride_sk
A:
You can try to get a loan. Banks may require that you have a certain amount of money to invest in the company as well though. To get a business loan, you will have to write out some sort of business plan for the bank. They want to be assured that you have a sound business plan and that your business will be able to generate income.
Answered by plebes02
Answered by plebes02
A:
Hi college grad
I can show you how to start your own business for under five hundred! I can also show you another business that you can start for $10.00 with great potential.
The company's that I'm talking about have great potential with little if ant risk.
Answered by BillY D
Answered by BillY D
A:
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Answered by bkfinest848
Answered by bkfinest848
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