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In Need of Additional Funding
zoota
subscriber Posts: 1
Hello- I am new to this site and I hope that it proves to be helpful, which I think it will after reading thru most of the site.
I am a new business owner-I opened a children`s enrichment classes business. Mommy & Me classes and when the child is three and older the class is a "drop off" class and the mom has to remain in the building. While she waits we offer her things to do-she can take a class of her own, she can get a manicure,she can have lunch at the cafe and if she has a little one with her she can use the 2500 sq. ft indoor playground.
I am opened about 2 months and expenses have been a little more than what I was expecting. Not many places will give loans or lines of credit to new businesses. Any one have any suggestions on where to go for funding or know where I might find someone who would like to invest?
Thanks
Jill
I am a new business owner-I opened a children`s enrichment classes business. Mommy & Me classes and when the child is three and older the class is a "drop off" class and the mom has to remain in the building. While she waits we offer her things to do-she can take a class of her own, she can get a manicure,she can have lunch at the cafe and if she has a little one with her she can use the 2500 sq. ft indoor playground.
I am opened about 2 months and expenses have been a little more than what I was expecting. Not many places will give loans or lines of credit to new businesses. Any one have any suggestions on where to go for funding or know where I might find someone who would like to invest?
Thanks
Jill
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Comments
Thanks- I live in Randolph, New Jersey. I didn`t listen to your show as I said I am new to this site and just was browsing and thought I would try and get some good advice.
Yes that is what I am experiencing. Got any ideas?
Thanks-
Jill
There are many different ways to bring capital into a business - depending upon the specific situation.
First of all, how much capital do you need?
I am looking for $50,000-$100,000. Let me know what ideas you have.
Thanks!
Jill
How will the amount of funding you acquire effect your actions and projected results?
The amount of funding I acquire is for working capital to help me get thru the beginning slow times.
Have any helpful ideas?
Thanks!
Jill
After considering the combinations of methods, sources and approaches - we identified some 50 ways to bring capital into a business. The optimum solution is dependent upon the specific situation.
Send me a PM if you want to discuss yours.
Robertj