ForumsHome Based Business

Hi sweetkake1,

I'm not sure who told you that bank will simply give you money because you attended some of their seminars/workshops. If there is such a bank, please let me know.

When I approached banks for money they all wanted to see a business plan as well colateral to back up the loan. Especially now with the mortgage crisis and credit tightening, I would be surprised if the banks are not more stingy/careful with the money they lend out.

If you haven't already done so, you really need to put togeher a detailed business plan. This will force you to evaluate whether or not your business idea can be successful by looking at each of the individual parts (eg. demographics, projected sales, expenses, etc.).

good luck with your business

Tell us more about you and your business. How long have you been in bus and where??
Banks DO NOT usually give money to new small business owners unless they have a Business and Marketing Plan
and other security.
Do you know about SCORE? SCORE is a partner to Bank of America and provides FREE business assistance.
Good luck, LUCKIEST