Print this page | Go back to previous topic
Forum nameFinancial Feast
Topic subjectRE: Has anyone heard of funding for the restaurant business
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=105&topic_id=535&mesg_id=560
560, RE: Has anyone heard of funding for the restaurant business
Posted by bizdev, Thu Jul-03-08 05:57 PM
Ever since that late night infomercial popped up on tv years ago offering a book full of free government money (grants) people have gotten stuck on the notion that you can get grants for anything, including starting or expanding a for-profit business. There simply are no free handouts.

Funding must be gotten the old fashioned way...hard work and savings. Or family/friends pitching in with loans. Even if you are able to qualify for SBA backed loans, you still need to provide a good 30% of the cash yourself (along with collateral).

That cool site is undoubtedly making tons of money off of people that are duped into buying their "guide" books.


Sylvia
http://smallbusinessstartup.biz
Startup & Biz Plan Help
http://smallbusinessstartup.biz/blog