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4 Replies Last post: Jan 16, 2009 8:36 PM by tomgaz

I want to start my own business

Jan 15, 2009 11:34 AM

Click to view KARLAAMAYA's profile Mogul KARLAAMAYA 42 posts since
Jan 15, 2009
Hello Every one,

My name is Karla and I reside in West New york, NJ I grew up near a street mall which contains alot of stores and businesses. Since I was young, I always wanted to have my own check cashing place in this populated area where I can sell money orders, cash checks, make money tranfers domestically and Internationally, etc. (sort of like Western Union). I did the calculations and I will need about 45k to start. The problem is, that I do not have this type of capital and my credit isn't so hot. Any one can give me any good advise?

Thank you!
Tags: starting, a, business, business, check, cashings, services, need, money, business, ideas, business, funding Report as inappropriate
Click to view My_Lan's profile Mogul My_Lan 69 posts since
Nov 21, 2008
1. Re: I want to start my own business Jan 15, 2009 1:56 PM
have researched what the market is and profitability of starting a business like that? Do you have a business plan written? You should start with that and show it to a bank to try and get a loan.
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Click to view KARLAAMAYA's profile Mogul KARLAAMAYA 42 posts since
Jan 15, 2009
2. Re: I want to start my own business Jan 15, 2009 2:06 PM
in response to: My_Lan

Hi My_Lan,

I have not done much research but I actually had an estimate from this site. Bank of America more or less gave me an estimate as to how much I would need to open up. As far as the business plan, I do not have one, I don't even know where to start. I do get a bit discouraged though since my credit score is not to high and right now I'm trying to bring it up.


Thank you for the advise!!

Karla

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Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
3. Re: I want to start my own business Jan 15, 2009 5:02 PM
in response to: KARLAAMAYA
I want to start my own business, Welcome Karla

SCORE and I can help you with a Business Plan.

SCORE is FREE and can help you get started. Please contact me at pdeig@juno.com

LUCKIEST
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Click to view tomgaz's profile Mogul tomgaz 17 posts since
Jan 9, 2009
4. Re: I want to start my own business Jan 16, 2009 8:36 PM
in response to: KARLAAMAYA
I don't know if we can help you or not but it might be worth a free evaluation. My company offers low-cost, short-term financing for new and established businesses. If you would like to look at some options please feel free to call our office or send me an email.

Tom Gazaway, CMPS®, XCO
Hawkeye Management
1873 Rt. 70 East
Ste. 207
Cherry Hill, NJ 08003
tom@hawkeyemgmt.com
856-433-8134 phone
856-581-7979 efax
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