Funding and Financing
Have a question about getting (and keeping) cash to start a retail business? Check our list of frequently asked questions and answers about finding financing for a business.
How Much Does it Cost to Start a Retail Business?
The research you'll put into your planning will show the startup costs and monthly operating expenses involved in running your retail store. It will also show how long until your business reaches a break-even point.
The research you'll put into your planning will show the startup costs and monthly operating expenses involved in running your retail store. It will also show how long until your business reaches a break-even point.
How Will I Finance My Business?
Where you find money to fund your retail business will depend on your personal credit, business credit, the amount your willing to pay for the cost of a loan and other factors.
Where you find money to fund your retail business will depend on your personal credit, business credit, the amount your willing to pay for the cost of a loan and other factors.
What is Equity Financing?
Equity financing, or equity funding, is trading a percentage of a business for a specific amount of money. Outside investors will want to see an owner also investing their own money to show they are willing to share the risks. While it is possible to attract outside investors, the main source of equity financing is family and friends.
Equity financing, or equity funding, is trading a percentage of a business for a specific amount of money. Outside investors will want to see an owner also investing their own money to show they are willing to share the risks. While it is possible to attract outside investors, the main source of equity financing is family and friends.
What is Debt Financing?
Some typical sources of debt financing are banks, credit unions, savings and loans, finance companies, and the U.S. Small Business Administration. For smaller loan amounts, relatives and friends are also potential sources of capital.
Some typical sources of debt financing are banks, credit unions, savings and loans, finance companies, and the U.S. Small Business Administration. For smaller loan amounts, relatives and friends are also potential sources of capital.
Can I Get a Line of Credit For My Business?
New businesses aren't the only ones in need of cash. Seasonal sales, sudden growth or slow account receivables can leave any retailer in a cash crunch. Lines of credit can help smooth out the ups and downs of cash flow problems.
New businesses aren't the only ones in need of cash. Seasonal sales, sudden growth or slow account receivables can leave any retailer in a cash crunch. Lines of credit can help smooth out the ups and downs of cash flow problems.
SBA ARC Loan Program
Need a bail out? Retailers and other small businesses experiencing financial troubles due to the slow economy may be eligible for a new SBA guarantee loan program, America's Recovery Capital.
Need a bail out? Retailers and other small businesses experiencing financial troubles due to the slow economy may be eligible for a new SBA guarantee loan program, America's Recovery Capital.
Share Your Funding Story - Finding Start-up Capital for New Retailers
The truth is a great business model and good looking business plan may help convince a financier to give you a chance, but all too often start-ups are turned down for loans and credit lines. Share your story of how you financed your start-up.
The truth is a great business model and good looking business plan may help convince a financier to give you a chance, but all too often start-ups are turned down for loans and credit lines. Share your story of how you financed your start-up.
Start-up Capital Funding FAQs for Retailers
Most new businesses find it very difficult to obtain bank loans, business credit cards or investors. The truth is a great business model and good looking plan may help convince a financier to give you a chance, but all too often start-ups are turned down. Don't despair. Securing the capital will take careful research, negotiating and commitment.
Most new businesses find it very difficult to obtain bank loans, business credit cards or investors. The truth is a great business model and good looking plan may help convince a financier to give you a chance, but all too often start-ups are turned down. Don't despair. Securing the capital will take careful research, negotiating and commitment.
SBA Loan Programs
The Small Business Administration offers several loan programs to assist the financing of small businesses. The SBA is primarily a guarantor of loans made by private and other institutions.
The Small Business Administration offers several loan programs to assist the financing of small businesses. The SBA is primarily a guarantor of loans made by private and other institutions.
Startup Business Financing
We'd all love to have a few million dollars to start our business, but the reality is that for most entrepreneurs, you have to prove your concept first before anyone will put up that kind of money. If you don't have the money yourself that you need to open your doors for business, here are some options to explore from your About Guide to Entrepreneurs, Scott Allen.
We'd all love to have a few million dollars to start our business, but the reality is that for most entrepreneurs, you have to prove your concept first before anyone will put up that kind of money. If you don't have the money yourself that you need to open your doors for business, here are some options to explore from your About Guide to Entrepreneurs, Scott Allen.
Small Business Loan 101
Learn what you need to know to clinch the loan deal. As a small business owner, your most difficult task is finding the money to operate your business. Taking the necessary steps to prepare for a small business loan can minimize the difficulty.
Learn what you need to know to clinch the loan deal. As a small business owner, your most difficult task is finding the money to operate your business. Taking the necessary steps to prepare for a small business loan can minimize the difficulty.
Money for a Small Business
A feature article by About Guide Robert Longley of the U.S. Gov Info/Resources site highlights free help for business planning, SBA loan programs and size limits as well links to the SBA.
A feature article by About Guide Robert Longley of the U.S. Gov Info/Resources site highlights free help for business planning, SBA loan programs and size limits as well links to the SBA.