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4 Replies Last post: May 28, 2008 6:51 PM by PeoplePawn

money for expanding floral business

Jan 11, 2008 1:35 PM

flowers4u 2 posts since
Jan 11, 2008

Help needed!
I opened a retail storefront flower shop 2 years ago, and had to relocate back to my shop at home due to a 135% lease increase where I started. Brings to mind the word "slum-lord".
I have since found another "better" location with a controlled lease agreement. Problem is now, because of slow pays, from slow business to my vendor's all monies made are going to them.My credit is very bad, but my business has stayed the same at the shop and is going great guns for the new 2008 season. The money is out there but not in house here.

I need to aquire a start up loan (again) to pull me back into the retail floral business storefront. Any idea's from anyone would be greatly appreciated. Please advise, thanks for the forum.

Tags: expanding, business, capital Report as inappropriate

TasMotHarley 3 posts since
Jan 11, 2008

1. Re: money for expanding floral business Jan 11, 2008 2:02 PM

Hi,
Try Prosper.com. They are a peer to peer lending broker.

Hope this helps,

Tom

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LUCKIEST 8,118 posts since
Aug 6, 2007

2. Re: money for expanding floral business Jan 11, 2008 2:30 PM

Flower, Where are you located (City and State)?? Do you have a Business and Marketing Plan??
Investors will want to see one. Do you have an Accountant??.
You will get many offers for a start up loan.
Good luck, LUCKIEST

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MRFINANCE 104 posts since
May 11, 2008

3. Re: money for expanding floral business May 28, 2008 6:27 PM

Hi Flowers!

We have money available for businesses with bad credit. If you accept credit cards in your business we can help you.

See my web site

WWW.BusinessLoansFast.net

Joe

718-692-CASH

www.RichtonFunding@verizon.net

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PeoplePawn 28 posts since
May 28, 2008

4. Re: money for expanding floral business May 28, 2008 6:51 PM

When looking for investment $'s, smart, seasoned and sophisticated investors want to see your business in the forma of a business plan, marketing plan and financial plan. These tools will help them better understand the current "health" of your business, how you intend to increase revenues and whether your financial model can compensate them at a rate of return and within a timeline that meets their investment criteria.

I know that this sounds like a lot of work at a time when you are challenged with keeping afloat. There are lots of local resources that you can use to help you develop these tools. SCORE is a great organization for helping small business owners like yourself.

Keep working hard, looking after your customers with a high level of customer service......you may find some potential investors within your customer base.

Best of luck.

+Patrick (++www.PeoplePawn.com++)+

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ForumsFinancing Tips

This Question is Possibly Answered

money for expanding floral business

Jan 11, 2008 1:35 PM

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