ForumsFinancing Tips

How do I obtain working capitol, Welcome Lauire

You obtain working capitol by developing a business plan.

Do you know about SCORE?? SCORE is FREE

Good luck, LUCKIEST

SCORE "Counselors to America's Small Business" is a nonprofit
association dedicated to educating entrepreneurs and the formation,
growth and success of small business nationwide.

There are many options for the small amout of funding you are seeking. Try micro-loans or peer-to-peer social lending - you could even think about credit cards for that amount.

You can also think about reducing some of other services you offer and focus your efforts back on your core service. Then, when the economy does recover - bring those other ones back.

Lastly, why has your revenue dropped? Are customers not seeing value in your services and thus not willing to pay your current prices? You might think about offering less in the service and charging less for it. Example, you offer pilates for one hour at a cost of $50. Try making a core 20 minute class for $20. Thus, you customers can still get the pilate value without the huge hit to the wallet.

Business Money Today