With Southern California adapting the NO TRANS-FAT rule on restaurants, I have only found one possible competition for this business. However, this competitor contracts the supply of cooking oil instead of extending its use through cleaning & filtration. This is sort of a "green" take on cooking oil.
WHY I CHOSE THIS BUSINESS FRANCHISE?
For the Western US, it is at the ground floor level of business opportunities. There might be a couple started in California, but there is still a lot of areas to cover. It is a home-based business franchise, so I just need to depend on the originating company for all the business administrative requirements to furnish me with guidance and documentation.
FUNDING: THE CURRENT ROADBLOCK
- Unemployment: For the past couple of years, I've been wanting to start up a business, but didn't know what business. I have been an industrial/medical equipment field engineer with Fortune 500 companies the last 15 years. Finally, even though Mr. Buffet publicly announced his confidence on the company, I was among the ten percent that was let go. I guess this was to show the stockholders that they are indeed increasing their revenue.
- Veteran status: I might be able to leverage my status as a disabled veteran when applying for a loan, or if there is such a loan or grant?
- Applying for a loan or grants an a corporation: I have already established an LLC and registered my business name at the county office. Would I have a better chance finding the funds to start this business up?
ADVANTAGES ON THE PRESIDENT'S STIMULUS PLAN
With the effects of the economy, some say that small biz loan requirements are more stringent and require cash on hand. Has anyone been a recipient of some of the President's incentives for small businesses? Especially on startups?
THANKS FOR YOUR HELP & SUGGESTIONS
- Any new programs or sources that you can share is very much appreciated.
- Critiques or concerns are welcomed and would be seriously considered as to the future problems I might encounter when the business is in operational mode.
Sincerely,
John Malahay
WHY I CHOSE THIS BUSINESS FRANCHISE?
For the Western US, it is at the ground floor level of business opportunities. There might be a couple started in California, but there is still a lot of areas to cover. It is a home-based business franchise, so I just need to depend on the originating company for all the business administrative requirements to furnish me with guidance and documentation.
FUNDING: THE CURRENT ROADBLOCK
- Unemployment: For the past couple of years, I've been wanting to start up a business, but didn't know what business. I have been an industrial/medical equipment field engineer with Fortune 500 companies the last 15 years. Finally, even though Mr. Buffet publicly announced his confidence on the company, I was among the ten percent that was let go. I guess this was to show the stockholders that they are indeed increasing their revenue.
- Veteran status: I might be able to leverage my status as a disabled veteran when applying for a loan, or if there is such a loan or grant?
- Applying for a loan or grants an a corporation: I have already established an LLC and registered my business name at the county office. Would I have a better chance finding the funds to start this business up?
ADVANTAGES ON THE PRESIDENT'S STIMULUS PLAN
With the effects of the economy, some say that small biz loan requirements are more stringent and require cash on hand. Has anyone been a recipient of some of the President's incentives for small businesses? Especially on startups?
THANKS FOR YOUR HELP & SUGGESTIONS
- Any new programs or sources that you can share is very much appreciated.
- Critiques or concerns are welcomed and would be seriously considered as to the future problems I might encounter when the business is in operational mode.
Sincerely,
John Malahay
