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9 Replies Last post: Jan 28, 2009 9:22 AM by bmt2008

Working Capital

Oct 27, 2008 9:02 PM

Faithful1 2 posts since
Oct 27, 2008

Does anyone have any information that can help me save my business? I've been in business for eight months now, and things are very tough for me. I tried to get some financial help, but I can't find anything. Although I have no choice but to give up, I just want to try one more thing; to knock one more door to see if there is any hope at all. The fight to save my business is more than a financial loss. It is a financial, a physical, and an emotional investments and I just want to fight until the end!

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tqcouch 42 posts since
Nov 3, 2008

1. Re: Working Capital Nov 24, 2008 6:30 PM

Faithful1,

You said the one thing that business owners should not say "GIVE UP".

Where does your screen name come in?

Hopefully you didnt close business, but we may can help you over-all on how you feel about your business through our creative financing program, it simple, fast and easy we dont need to put pressure on you that already is.

Please give me and email my name is Tq.

And we will be here to follow you through.

TCouch@growbizpro.com

Thanks

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alferg 1 posts since
Nov 25, 2008

2. Re: Working Capital Nov 25, 2008 3:49 PM

Hey, I hear you. I have been in business for 18 years, and I'm hitting the bottom as well. A couple of bad business decisions, and I'm almost sunk. If you find any very high risk backers, let me know. I could use a cushion to get me thru this extremely slow period. Hang in there, as I will, and save that business.

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LUCKIEST 7,935 posts since
Aug 6, 2007

3. Re: Working Capital Nov 28, 2008 6:56 AM

Working Capital, Welcome Brunia

What kind of info are you looking for?? It sounds like you need a quick Marketing Plan.

And YES, I do understand, *The fight to save your business is more than a financial loss.
It is a physical and an emotional issue.

Let me know what I can do to help, LUCKIEST

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BizHelper 17 posts since
Nov 15, 2008

4. Re: Working Capital Nov 29, 2008 12:48 AM

Hi,

I would like to know more about you and your business maybe I can help. Please email me so that we can set a time to speak.

Accuratefinancial@accuratefinancial.info email

https://www.accuratefinancial.info website

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TopSavingsNet 22 posts since
Nov 28, 2008

5. Re: Working Capital Nov 29, 2008 2:54 PM

Yes. I think you should seriously consider doing a PESTLE and SWOT on your business. This will give you some great insight into what needs to be done to effectively compete and sustain in your market.

PESTLE: http://www.rapidbi.com/created/the-PESTLE-analysis-tool.html
SWOT: http://www.marketingteacher.com/Lessons/lesson_swot.htm

This will also help you draft up loan proposals, as a matter of fact, many creditors these days demand it. Regardless, these analysis methods are more for you than them. Use them!

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apparelmaster 10 posts since
Nov 29, 2008

6. Re: Working Capital Nov 30, 2008 8:28 PM

in response to: alferg

Hi Alfrerg,

This economy is affecting us at all. We are in business 5 years and breaking sales of our 1 M and we don't have working capital for PO of 50K to ship on January. You are not alone in this boat.

Wish you the best!

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businesswoman 12 posts since
Dec 29, 2008

7. Re: Working Capital Jan 27, 2009 5:30 AM

Faithful,

I know what you are going through especially in these time where money has dried up from banks and everwhere. I can say I am in the same boat as your are business is very slow and the bills and expenses are there to pay. Hope you will get some capitalt to hold you over and to save your business. I know the sweat and tears that goes into to starting a business. Good Luck!

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OilandGas 9 posts since
Jan 26, 2009

8. Re: Working Capital Jan 27, 2009 10:13 PM

I also understand how you feel. I am also looking for working capital. People are telling me not to give up and hit as many people as you can. More you try, more chances you get.

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bmt2008 305 posts since
Jul 30, 2008

9. Re: Working Capital Jan 28, 2009 9:29 AM

Don't know that much about running a restaurant. But, I do watch Hell's Kitchen and Kitchen Nightmares every once in a while. I notice that the consistent advice for all the restaurants they help is: Do something in your neighborhood that no one else is offering.

Can you change you menu? If so, in the mean time, reduce costs to the bare necessities and try to promote a food that no one else is doing.

Just my thoughts

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ForumsFinancing Tips

This Question is Possibly Answered

Working Capital

Oct 27, 2008 9:02 PM

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