I'm looking to open a small business in the area I live. I was wondering if anyone in here has experience in finding investors or good ways to Raise start up capital. It would be a coffee shop downtown where we would roast the beans on had sell all things coffee related
If you don't have your own money or Family money it's most likely not going to happen, If it wasn't for my parents my business would have never happened or made it though the bad times
I am not saying you can't start a small business, but these days you need to start something that doesn't need a lot of capital like a skilled trade and start small and go from there
I am not going to tell numbers but I gross ALOT and make money and the banks are still a PIA today and hard to get money and I have been in business for 15 years
Forget the SBA , your the wrong color, gender, and nationality, went to a few meetings and they were proud to say the biggest customer of theirs is Dunkin Doughnuts, up here in the northeast you would be hard press to find a dunkin owned by a white guy and most employees are not either you get the picture I don't have to say what I really want or it will be deleted, Just saying
Also be prepared to make NO money for at least up to 5 years