ForumsStarting a Business

Where there's a will, there's a way. There are plenty of unconventional ways to finance a business, but the route you might take depends on your personal situation. I consult with small businesses about how to finance a business when traditional venues are unavailable. Please e-mail me at milleisen@hotmail.com to set up a free consultation.

A word of caution: there are companies out there that claim they can get you money even with bad credit and no proof of income. These companies will charge outrageous fees that will hurt you more than help. Many charge upwards of 20% of the loan amount, which typically cancels any economic benefit that the loan might provide. As with most things in life, if it seems too good to be true, it probably is.

I feel as if I could assist you in this topic, as I have turned a idea with friends into a investor ready business plan and have now found a investor. Is it going to be just you starting this company or is there a team of entrepreneurs? The reason I ask is that I found it easier when running into to road blocks to have a "support" team to continue the process moving forward. The first thing I would do is to right down different ideas of how you are going to differentiate yourself from competitors and when you feel you have enough then look into getting a template for a business plan. If this is your first business plan that you have written then prepare to read, then read some more. This process is a great learning experience. In the business plan you need to show numerous supporting factors in why you will succeed, as well as how you will market yourself to build company awareness. The financial side of the business plan needs to have a break even analysis, cash flow analysis, 1,3,5 year profitability analysis and other important factors of business. After succeeding at writing the business plan, I would move forward on finding a investor, most chamber of commerce's have investor list or access to investors. Also look to the internet, as it can lead to finding what your looking for. I will give you one idea which might help, if I understand what your company does then this might help you. I would go out and find companies that could potentialy need for someone to take photos of the service they completed to post in there portfolio, which again look to the chamber of commerce. You should already have the equipment to take professional photo's correct?, then move forward on companies that need this service which should bring in your unfound revenue. I cant say what companies need this service but there out there, this I do know. So remember to differentiate yourself from competitors and market everywhere.