Archive for February, 2008




My sisters and I are trying to start a small business but we need financial assistance. Is there a website we can go to find out information about government loans?




I know there are places that help minorities and convicted felons get their life back. As far as small business loans and personal loans.




I want to start a business. I would like a little help in other people thought pocesses if starting my own business: where to go, what site to check out, this loan etc. (thanks)




I’m starting a business with a partner, we’re incorporating and planning on having 50/50 ownership. We’ll want to apply for a loan or credit line and banks will naturally be checking our credit histories. Here’s the issue: my credit history is good, perfectly clean, and improving. My business partner has some big credit card balances from starting the business, has missed some payments… his credit is bad. I’m thinking maybe I should be the 100% owner initially, so my partner’s credit doesn’t become an issue. Later on after we’ve established business credit we can change to 50/50 ownership. Does that sound like a good strategy?
Thanks for the comments re my partner’s credit issues. As background, he is great in retail, customer service, and started the business- currently owns it. Definitely needs help with the financial aspects, and I think the partnership will work well.




Im wanting to open a book store but would like to get a grant to do it with. I dont want to waste my time so i thought i would hopefully run into someone who has done it!!! Iv been told that it is impossible to get one right now with the economy being the way it is..? So i thought i would see if anyone out there was trying to get grants and having any luck. Or a good small business loan.Thanks so much for your input!!!