26
Apr

Worried about how to get started…

   Posted by: michy   in General

I am thinking of putting up a business after I leave my job, but it’s not anytime soon. However, I am worried about where will I get the money that I need to put up the business that I want to put up. My vision is to change the dining scene back home. It’s a bit ambitious so I need might need to have a big capital to sustain it on the first few months of operation. Finding the perfect place back home is easy it’s the money to put up the business that makes it a challenge. Some people would apply business loans to get the capital that they need but I am scared that I might not be able to keep up with the mortgage and the operating expenses of the business. I have had Personal Loans and I tell you, if my income isn’t fix, I might have ended in jail for not paying it on time. But, thank GOD, I have a good paying job so I am able to keep up with the monthly mortgage and my daily expenses.
Another fear that I have is the term Unsecured Loans. I don’t know how would that affect me as a consumer or a business owner but I sure don’t want to like the sound of that.  Anyway, there are a lot of Small Business Loans available out there even in my home town, but there, I am scared to start a business using money from loans for it will be an expense on top of your operating expenses.

This entry was posted on Monday, April 26th, 2010 at 5:44 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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