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    2 Replies Latest reply on Apr 29, 2008 9:55 PM by LUCKIEST

    Job or Business ?

    abuha786 Newbie
      Hi Guys,
      I have lost my job ,bit confuse now,thinking about to start my own business but i have $20,000 of debt on credit cards.

      I need atleast $50,000 to start a business,plz give me sincere advice,

        • Re: Job or Business ?
          LUCKIEST Guide
          Job or Business, Welcome to this web site. Where are you??
          Sorry that you lost your job. What kind of work did you do??
          What kind of business do you want to start??
          Do you know about SCORE?? SCORE is FREE.
          You need a business plan and SCORE can help.
          Good luck, LUCKIEST
          • Re: Job or Business ?
            Lighthouse24 Ranger

            Welcome to the community. My suggestion is to find a job working for the same type of business that you someday plan to start. Work as many hours as you can -- both to pay down your debt, and to learn everything you can possibly learn about that operation while you're there. You'll be in a better position to launch (and succeed at) a new enterprise if you have access to good credit and proven experience in the field. (Trying to start a new business when you have either personal debt or a lack of business experience is difficult enough -- starting out with both would be a huge challenge.) That might not be the answer you wanted, but I hope it helps. Best wishes.