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    13 Replies Latest reply on Oct 7, 2010 12:39 AM by MintFinancial

    Cupcake business needs a storefront...and a loan!

    cupcakecottag Newbie
      Hello,

      We are a cupcake bakery and have been successfully operating from home for the last year, but in order to take our business to the next level we need to open a retail location. Cupcake bakeries are the newest addition to the bakery arena and they are very chic, trendy and profitable. We have some very innovative ideas for our boutique style cupcake bakery, a business plan including forecasting numbers, equipment and construction costs, supporting articles related to the cupcake business and 15-20% down on a line of credit of $80,000-$100,000. We have found an excellent location but will need a line of credit to purchase equipment, inventory, pay contractor fees ect. and have some working capital. We aren't sure what our next step should be as far as obtaining a line of credit...any help would be appreciated. We are a four member LLC in the state of North Carolina.

      Thank you!