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Virtually every new business requires a certain amount of financial investment. However; financial investment can be minimized depending on the nature of the business that you wish to start. Certain home based businesses only require a marginal financial investment. However; there are a few exceptions. Example: If you are a software programmer, you can probably work from your home requiring only a PC and internet access. However; if your home-based business involves retailing or manufacturing, you will still require capital primarily for inventory. If you plan to start a business outside of a home environment, capital is required for: Building acquisition or leasing (unless you are fortunate to have someone provide you with a "work place" at no cost. Utilities expense: Telephone; electricity, etc. If you're going to sell a product, you will require funds for inventory unless you can get the inventory on consignment which is virtually impossible if you are a first time business owner. However; consignment may be possible if you can provide a co-signer. Regardless of the type of business, you will most likely require funds for advertising, unless you plan to rely on "passing-by" customers and/or "word-of-mouth". If you want to start a business without having to make a financial investment, another possible solution is to borrow the required startup capital from a person or group of people that know you very well and believe in your business plan. This, however, may have certain shortcomings such as the lender wanting to own more than 50% of the business.

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Where can you get a start up small business grant?

The best place to start looking for a small business grant is the U.S. Small Business Administration. You should locate the nearest district office and set up an appointment to meet with their counselors.


What is the procedure for starting a small scale industry?

Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?


What are typical start up costs for a small retail business wine store?

Some typical start up costs for a retail store includes the cost of inventory, rent and employee salaries. The amount of money you will need to get your business started varies depending on the type of business you will start.


How much money is needed to start music production company?

How much money it would cost to start a music store business varies with the type of business. An online business might only take 8000 dollars or so to start. A brick and mortar business would take at least 20,000 dollars with a small amount of inventory and a location in an area with decent traffic.


What business should i start for under 10000?

If you are an expert or have some business skills then you can start a successful business. There are different business categories like you can start a clothing business or a small food restaurant. Its good to start a business in which you have some skills suppose you are an expert hair stylist then you can start your own business similarly if you have cooking skills then its good to start food business. Answer If you keep your day job for survival money, $10 K might help you get started in a service providing company. For manufacturing an invention, you would need much more. Write a business plan before you get started and then find someone who knows the ropes to teach you the right decisions. There is an organization called SCORE that has helped many.

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