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944Larry 944Larry is offline
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Join Date: Jun 2010
Location: Crestview Florida
Posts: 1,791
Garage
Quote:
Originally Posted by milt View Post
Employ an accountant to evaluate the worth of the business and to determine what investment is necessary to be able to manage debt. I'd pass on the bank. The SBA is active and can help. They will want you to attend some classes. They love good planning, so have the new business model ready to show along with the accountant's report.

Lastly, look for any grants or incentives from the local government and play the female owned business card. It you are really aggressive in attaining all the info, you will be ahead of the pack and get the loan.

Just make sure you can handle it. Financially and emotionally.
100% good info here!
Old 03-09-2011, 09:20 AM
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