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Forum nameFinancial Feast
Topic subjectOnly need $1000 - which would you recommend?
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=105&topic_id=446
446, Only need $1000 - which would you recommend?
Posted by journey4, Mon Nov-19-07 03:44 AM
I am in the process of starting a small home-based business, and I won't need a LOT of money to start - no more than $1000.

I think the only two options I have are:

1. Get a private bank loan
2. Use a credit card offer than I received, and ask for the credit limit to be $1000 so that I'm not tempted to go over that amount, then pay it off as quickly as possible.


I'm very new to this, so I need some advice.
Which way is the best?


Thanks. :)
447, RE: Only need $1000 - which would you recommend?
Posted by achievedisplay, Mon Nov-19-07 07:31 PM
Check out http://www.prosper.com - it is like ebay for loans. It is pretty awesome, even if you are interested in investing.
452, RE: Only need $1000 - which would you recommend?
Posted by Strategist, Fri Nov-23-07 05:09 PM
I don't know of any business that only needs $1k to start. What I suggest is that you contact your local SBA office and ask for a free meeting. Learn all you can about business and read the book the Emyth Revisited.


Do things so that you don't become another business statistic.