Small Business and Money

Starting a small business and have money on the brain? Who can blame you…here are a few things you may want to consider:

* Do you know how much money you will need to get your business started?
* Have you counted up how much money of your own you can put into the business?
* Do you know how much credit you can get from your suppliers–the people you will buy from?
* Do you know where you can borrow the rest of the money you need to start your business?
* Have you figured out what net income per year you expect to get from the business?
* Can you live on less than this so that you can use some of it to help your business grow?
* Have you talked to a lender about your plans?
* Have you considered taking on a partner?

This are just a few things to think about…phew…there are a lot more details to this small business venture!