Ways To Generate Start Up Money

Business By atasteofheaven Updated 9 Mar 2010 , 12:55am by loriemoms

atasteofheaven Posted 7 Mar 2010 , 2:32am
post #1 of 12

i was wondering if anyone would be willing to share any ways to get money to start a business other than loans

11 replies
CeeTee Posted 7 Mar 2010 , 2:43am
post #2 of 12

Saving up is really the only other way. Budget part of your current income or get a second job and put all the money from it into a savings account.

...Or win the lottery icon_lol.gif

leah_s Posted 7 Mar 2010 , 2:47am
post #3 of 12

Loans, savings, rich relative, lottery. That's about it.

atasteofheaven Posted 7 Mar 2010 , 2:53am
post #4 of 12

thanks for yall's replies. pretty much the same answers i been getting. i guess this determines who really wants to do this. thks again

11cupcakes Posted 7 Mar 2010 , 3:48am
post #5 of 12

Lottery that's what I need.

littlecake Posted 7 Mar 2010 , 9:14am
post #6 of 12

i sold my house

indydebi Posted 7 Mar 2010 , 12:47pm
post #7 of 12

pretty much what everyone else said. You either use your money (savings) or someone else's (loans .... from banks, from relatives, from partners/investors).

joenshan Posted 7 Mar 2010 , 1:06pm
post #8 of 12

In MBA language it's referred to as FFF...Friends, Family, Fools.

leah_s Posted 7 Mar 2010 , 3:29pm
post #9 of 12

Gotta remember that one!

Cakebelle Posted 7 Mar 2010 , 6:52pm
post #10 of 12
Originally Posted by leah_s

Loans, savings, rich relative, lottery. That's about it.

Pretty much!!!

IsaSW Posted 8 Mar 2010 , 9:08pm
post #11 of 12

Tax return money.

loriemoms Posted 9 Mar 2010 , 12:55am
post #12 of 12

I worked full time and did the cakes part time, and took every extra penny I had into building the cake business from the full time job. Bought equipment, smallwares, etc. Then I went part time job and full time bakery and took only money I made from the bakery and put it back into the bakery and then put extra money into savings. After two years of this, I had enough saved up to keep the bakery going during the dry times and had the equipment I needed, so quit part time job. It was hard, no sleep, but my companies credit rating is wonderful shape because I always did cash in, cash out, and was then able to get the bigger loan to buy a company van and a SBA loan. (banks aren't loaning money to food business, period.)

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