Well, I'm assuming you have all the necesary info on FICO & NIRVANA, and that you could now write a nice piece for the local paper on what the scores mean, no credit etc. I don't know if your question was answered or not, but; reading the answers I don't think so. Really, what your asking is how do you fund your drafting (I assume it's drafting) business, Here are a few question for you to answer about yourself:
Note: I'm also assuming that you would be working out of the house, since you are also taking care of your wife.
- How long have you been thinking of this business, a couple of weeks? Months? Years?
- Is this just a thought as you try to get a "real" job?, or is this something that you believe in, and are committed to achieving?
- Are you currently working the business now trying to drum up customers?
- If not, why not? Whats stopping you?
- Do you already have customers that would be willing to give you a letter of intent to do business with you.
If so, contact them for the letter, you could use those as evidence for viability of your business with your bank, or any bank in your area.
- What is the money to be used for: Start-up expenses, equipment, advertising, working capital etc. How much in each category is the committment.
- Do you really need this money to get started? or Can you make do without it, and start now!!!!!!!
- Do you already have the equipment necessary? Plotters, Printers, Copiers, Computer, software, etc.
If you don't have the necessary equipment, contact the Mfg's HP, Dell, etc to see if they will finance your equipment.
- If that doesn't work, then utilize your local Copy stores, The UPS Store, AIM Mail Centers, Kinko's etc, and utilize their equipment and pass on the charges plus usage fees to your customers. You can even send your drafting jobs online to these companies, and they can print out and mail the copies to your customer job site, or back to you. You probably even have a local Graphics store in your area or county that you can work with and get some 30 day terms
- Realistically, how much do you need to earn a good living?
- How much do you need to charge per job to just break even.
- Looking at the above answers, Are the answers to daunting for you, and are you just dreaming about owning your own business, or......Are you committed to do anything to make a success of your business.
If the answer is your committed to being a success, then you need to start refocusing your efforts on getting your business off the ground. This is called "Bootstrapping", Taking what you currently have and start your business and paying for it as you go along. If you have a lot of experience in your field, your an expert.
- Do you have the credentials and influence in your field to command the necessary prices for your expertise?
- Have you joined any affiliate membership groups, any networking groups,
You have to make a commitment to succeed, your efforts in the beginning is what is going to determine your success in the future. You can sit around all day reading about getting into a business, but at the end of the day, you still don't have a business, you're not earning the money you need to survive. Don't let NO determine your selfworth....
I can say this.....If you get your business going now, no matter how tight your budget is, the better your chances are of getting the revenue you need in the future to expand your business.
There is nothing better than being a business owner, but; in order for it to succeed, you have to leave all the negative thoughts at the door. I don't care if you have no score, or too low a score.....You have only believe that You and only You can do Your business the best way, and you demonstrate that by leading by example.....
