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3 Replies Last post: Sep 16, 2009 1:56 AM by MR.OVERTIME

Help on how to start my business, and how to get grants

Sep 14, 2009 10:03 PM

Click to view focus202's profile Start-up focus202 2 posts since
Sep 14, 2009
Hello, I recently started my own retail business, mainly it focuses on car audio. I have the business license, dba name, ecommerce website,but no storefront. My problem is that I have no money to start it to its full potential. I mainly chose this field because me and my business partner are always ask about what we have inside our cars and people are always trying to buy our sound systems, so we decided to run a business selling car audio. We would like a store front but can't afford one, and would like to know where to begin. Our credit isn't perfect so we dont think we will have a chance at a loan. We have accounts set up with 6 vendors that accepted our applications so that we can buy product from them to get our business furnished. But we can't afford to by in bulk, only one item at a time and that will take forever, we will never get off the ground like that. We need help, any suggestions. How to get money, get a storefront, how to manage succesfully being in this type of industry, anything will help. Thankyou
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Click to view phanio's profile Mogul phanio 483 posts since
Apr 7, 2009
1. Re: Help on how to start my business, and how to get grants Sep 15, 2009 10:22 AM

There are very few grants for 'for-profit' businesses. Most grants are either SBIR or STTR grants that deal with speific requests from Federal departments or community grants where the funding is given to local community governments who in turn put those funds out based on their local needs.

Business Money Today
www.BusinessMoneyToday.com
Click to view TheSoloGuide's profile Mogul TheSoloGuide 109 posts since
Jul 7, 2009
2. Re: Help on how to start my business, and how to get grants Sep 15, 2009 3:36 PM

Focus202:

Do you think that it is necessary:

to sign up for personal liability on a lease (typically anywhere from 3 - 7 years depending on your landlord) or in securing a loan to purchase a location
spend money on banners, shelving units cash register, etc..
and take on liability for holding inventory

versus selling over the internet and simply have your suppliers drop ship to your customers?

Doug Dolan

The Solopreneur's Guide

http://thesologuide.com/
Click to view MR.OVERTIME's profile Professional MR.OVERTIME 5 posts since
Sep 15, 2009
3. Re: Help on how to start my business, and how to get grants Sep 16, 2009 5:38 AM

THIS IS MR.OVERTIME I JUST WANTED TO LET YOU KNOW THAT I HAVE BEEN A INSTALL BEAST FOR A LONG TIME NOW AND WHAT WORKS REALLY GOOD FOR ME IS ##############MOBILE AUDIO ############ BUY A VAN AND GO TO CUSTOMERS HOUSES AND WHERE EVER THEY NEED YOU THAT WAY YOU HAVE ALL YOUR TOOLS WITH YOU ALL THE TIMEAND THERE IS NO SHOP COST LOW OVERHEAD. OR GET A STEP VAN AND PUT A AWNING ON THE SIDE TO COVER THE CAR THAT WAY NO ONE CAN SEE WHAT YOU ARE PUTTING IN THE CAR AND YOU DON'T GET WET WHEN IT RAINS LET ME KNOW IF IT WORKS FOR YOU