I dont have money nor collateral to put down for a business how do you go about getting it started?My Town doesnt have anything for children to do so i would love to open up a fun recreational place with mini golf Go Karts jumping toys and mayb a small deli please HELP thanks so much
      Answer1:Without money or collateral, you cannot get a loan. Unless youll have someone wholl cosign the loan for you and give collateral for your loan applicationAs for grants, mini gokarts are not the type of businesses that receive grants. In the first place, it is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for starting a for-profit business. One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs http://www.sba.gov/aboutsba/sbaprograms/... , which fund the research and development of technological innovation that meets specific government needs.Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CO..."The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.
      Answer2:The first step is making a business plan, a business plan is the who, what, when, how, and where aspects of your idea you are trying to create. The second step is to take this plan to a bank or investor who may lend you money. Please remember the bank or investor will want to know what are you putting up to make the venture work? your time? Starting a business will take a lot of your time and effort and in most cases there is an extended period before it earns enough money to give you a salary or earning for a living
      Answer3:Being a small business owner, you need to pay extra attention to management of financial resources. Since growth of your business somehow depends on its financial position, you should always be cautious about cash flaw within or outside your business. It is quite true that lack of finance can become a big problem in the way of the success of your small business. http://www.worldbestloans.com/businesslo...Since market is crowded with various business loan schemes, every small business owner can manage to get the desired amount without any problem. Therefore if you own a new and small business organization and financial shortfall is bothering you, then these loans can prove to be the best help for you.