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|Forum name||Financial Feast|
|Topic subject||Only need $1000 - which would you recommend?|
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?
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.