Archive for June, 2009
What's a good mentor-based organization for a small online business presence?
I heard SCORE was a good and legitimate resource
I should add that I'm a US expatriate who is living in South Korea, so one-on-one meetings might be tough. Does SCORE have an overseas presence?
SCORE is your best choice. Go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor.
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Where can I find the best SEO tools?
Im looking for an SEO website, that will provide all the tools, data, and keyword performace all in 1.
I have a small business selling Elevator shoes http://www.tallshoes4men.com and a women's clothing wholesale store http://www.fashionclothingwholesalers.com
dont mind if I have to pay a small fee. Any suggestions
A very nice up to date linked list http://www.experienceadvertising.com/forum/1301-post1.html of all the tools you will need.
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Any tips on how to finance startup cost for small business with no money down but excellent credit?
We are going to sell autos on eBay motors and off our lot, auto detailing and repairs. We have been to a couple of local banks and just don't quite seem to fit their criteria. We've always been self employed in some form so our tax returns are pathetic. We don't have any money to put into the business which, well, that's why we need financing. Am I to believe that a business can't be started unless you have thousands of your own money to put into it? SBA apparantly requires 25% of the loan amount to be available from us as cash. If I had that money, I probably wouldn't need much of a loan. Anyway, I'm a bit frustrated because we're not fitting into the commercial lending 'box'. We are talented intelligent people with excellent credit but short on cash. Any ideas?
This is a free capital society —- you are able to raise capital from private investors. "Friends and families" or someone that would really get how lucrative this could be. You don't need banks at this stage. SHORT SUMMARY—Put the numbers together, a short biz plan, talk to people about having them invest in you and offer your own interest terms using a promissory note or offer stock in your new company. You'll need the help of someone that has done it or a legal professional but it is VERY common…I've raised a million plus. Or get people to invest with their services for a piece of the pie. Any local auto dealers would be interested in your deal? Also, consider doing something smaller to start and scale it up so people will have confidence in investing.
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Thank you so much for everything throughout the summer. I think that it is a wonderful thing that you are doing to put aside time from your busy schedule and running your company to be able to assist new entrepreneurs. I am glad to have made some great business connections throughout this summer and will contact you for advice in the future!
Brittany Sirtonski, Owner/Managing Director - Dare to Dream Dance and Visual Arts summer camp for girls