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  1. Can you partner with a pest control business - to...

    Can you partner with a pest control business - to allow them to sell to their customers a different way to get rid of the problem. Then, work with them to see how they do what they do.
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    Going after a niche is fine. But, it is more...

    Going after a niche is fine. But, it is more broad than that. A niche is only created when a need is not being met or when a need is being undeserved. And, if a big market (not a just a small piece...
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    No bank or legitimate lender will waste their...

    No bank or legitimate lender will waste their time on a loan that small - not worth their time. Sorry.
    But, other gave some very good ideas - go around town to local banks and credit unions and...
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    Why don't you ask your customers or potential...

    Why don't you ask your customers or potential customers as they are the ones that either know you best or are the ones that you will eventually target? Run a campaign in your local news - most local...
  5. Your comment is fine should he only be looking...

    Your comment is fine should he only be looking for A/R factoring - but, there are more types of factoring than just that. Plus, most A/R factors will factor other financial assets like purchase...
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    It actually just hit me one day - one day I was...

    It actually just hit me one day - one day I was talking and talking about a subject and I just realized that this is what I like, what I have a knack for and something that I want to pursue. Not only...
  7. Great idea as long as there is demand in your...

    Great idea as long as there is demand in your area and that people are willing to pay. Do a feasibility study in your area or just get out and start asking local residents.
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    Forget the 401k idea - given the small amount you...

    Forget the 401k idea - given the small amount you are thinking about. To fund a business using your 401K or similar retirement plans, you will have to first create a c-corp around your business then...
  9. Thread: Kickstarter

    by phanio
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    2,579

    Starting a business via a crowdfunding platform,...

    Starting a business via a crowdfunding platform, is the same as soliciting angel or venture capital as the investors have to be accredited. If you are looking for non-accredited investors, simply get...
  10. There are several options that I can think about....

    There are several options that I can think about.

    Have you simply found a local bank that offers SBA loans. The SBA does have special programs for vets (I am one myself). Talk to them first.

    It...
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    My passion and idea found me.

    My passion and idea found me.
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    Great ideas here - especially working and...

    Great ideas here - especially working and starting your business part time and that you would be better served starting your retail operations online and then move to a store front in the future....
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    Ask around to your friends and family what they...

    Ask around to your friends and family what they would like to see more of online and then try to find a way to provide it - online. You want a safe, low cost business to start, then do it online.
  14. Welcome to the uncertainty of the business world....

    Welcome to the uncertainty of the business world. Why are you here asking these questions - you should be out in your local college area asking both local businesses and local college students what...
  15. Couple of things: 1) If your trunks are better...

    Couple of things:

    1) If your trunks are better - charge more - could offset some of the cost for consignment.

    2) Work deals with other retail outlets or auction houses - try to set something up...
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    I disagree - family is family until it comes to...

    I disagree - family is family until it comes to business. Your mother already showed her side of this by being greedy.

    There has to be another way. Maybe agree to an annuity over a set period of...
  17. Not sure you send out an elevator pitch - better...

    Not sure you send out an elevator pitch - better sending your entire b-plan or at least your executive summary. An elevator pitch is just that a pitch - not what you are trying to accomplish. Can't...
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    Not sure that a business loan would be your best...

    Not sure that a business loan would be your best option for what you outlined. You should be using other resources like equity or earnings to testing your product and markets. Loans are leverage -...
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    There is no single tool or website that can get...

    There is no single tool or website that can get you to the value. Someone said use asset value - but, you have to determine if that is book value or market value of those assets. You can complete a...
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    Nobody really knows what may happen and what may...

    Nobody really knows what may happen and what may not. My suggestion is to start small - say find another business in your area that may have some empty space in their store or run it out of your...
  21. Do both - for the greatest benefit and then...

    Do both - for the greatest benefit and then target each one to different market segments.
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    Why make your parent's loan a loan? Why not allow...

    Why make your parent's loan a loan? Why not allow them to invest directly in the business or allow them a portion of your share of the business - thus it is not a loan and does not have to be treated...
  23. You are trying too hard to find a business for...

    You are trying too hard to find a business for you and not trying to find a business that offers something to the public. Find an unserved or underserved market in your area and pursue that. If you...
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    Spam or not - it is still a good question. Money...

    Spam or not - it is still a good question. Money may not be able to buy happiness but it can help reduce some stresses - as the Johnny Carson quote. But, if might also add additional, unforeseen...
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    You don't have a credit card problem - you have a...

    You don't have a credit card problem - you have a cash management problem. You are paying to much in expenses to earn the revenue you receive. Thus, you need to find ways to maintain your revenue...
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