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I hav business Idea that can make profit,but not start up capital.Banks wil not help at this stage.Wat to do?
Laundry and dry cleaning is my line of interest as I have passion and skilled in this industry.There are 2 categories.a)Industral and b)Retail services
INDUSTRIAL :
Highly labour intensive and huge capital start-up cost.(I am currently employed and in the team of management and achieving excellent production results)
RETAIL:
Not Really labour intensive as compair to above.Above involve both high capital and labour intensive.As compair to retail.But with good Profit down the road and less stress and can have a proper family life...which I am sure about for retail operations.!!!
My WISH:
I wish to provide retail laundry and dry cleaning services to a nich market.I can't affort the start -up capital and I am confident can be recorver in shot period of time if I'm given a start up support.I hav approach financial institutions.request that I must first start first and thisIt will take me 10 to 15 yrs to save for it.and wil be close to retairment.
My appriciatetion if is wayout.
2 Answers
- 1 decade agoFavorite Answer
Our company has financing available for a niche that is similar to what you want to do, but with a different approach to the RETAIL LAUNDRY CONSUMER MARKET that can be extremely profitable.
This is a service that can help the consumer totally eliminate the need for Laundry Detergent, Fabric Softener, Bleach, and Hot Water to do laundry. It is good for the environment, GREAT FOR THE CONSUMER, and a Great Business for YOU.
Start up capital is only $2,500 to $5,000. You probably don't even need our financing help to do that.
IF you still want to pursue your original goal after making some big money, then you can pursue that, but I doubt that you will want to.
Email me at lesterlin@yahoo.com, or call me at 1-801-938-5558, since we are not allowed to give commercial links in this forum. Look forward to talking to you.
- 1 decade ago
Without a written business plan, any approach to lender/investors is doomed. Relying on your "confidence" that investment will show a good return will not be enough.
Your plan needs to include every detail of the costs involved in the business. Land, building, equipment, maintenance, licenses, chemicals, utilities, advertising, office expenses, employees, .... doesn't even begin to touch the details you need to write down and account for.
Do this and try again.
Source(s): http://www.myklin.com/