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I am a pensioner and am age of 63. No bank is allowing me a loan to set up a small Industry, Where will I get help?
Answers | 2
Answered by
MoneyTips Writing Staff, Financial Adviser in Los Angeles, CA
That depends on a lot of factors, including your finances, capital needs of your line of business and your business plan. (You have written up a precise business plan, haven't you?) Your first step should be reading .Understanding Your Business Loan Options. Then, contact your local Small Business Administration office which can provide you with a vast array of general business resources, templates and checklists.
$commenter.renderDisplayableName() | 09.21.17 @ 10:48
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The best way to build a business is with your own cash. If you can get used equipment do that. If you talk someone into buying your product require a percentage up front to cover the materials. Your term 'pensioner' makes me think you are from the UK, notwithstanding is there a place where you can discuss with successful people how to start up the industry you would like to start? Maybe they can help you avoid mistakes they have done.
$commenter.renderDisplayableName() | 09.21.17 @ 10:48
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