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Need Help with Working Capital/Inventory

 
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west23

posts: 1

Aug 08, 2007 5:14 PM ET    Quote  Report Abuse
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I will first like to thank you for taking the time out to look at my profile and giving me the opportunity to start a great business.
 
 I am currently a Web Developer where I develop some of today’s high profile websites serving the web community.  I have a Bachelor of Technology degree in web development and associate degree in Computer Information System. 
 
I have been given the chance to start a business, online store selling clothing and sneakers. Products includes; Women heels, Pumps, Flats, Sneakers, Boots, and Men boots, shoes, sneakers, etc. I have a great full time job
 
I am privileged to be able to start this business with an accessible customer base, and a partner that has business background.  I will keep my existing stable income.
 
The business is already out; and the best thing is most of the pre-expense are paid for already such as the legal work, pre inventory, pre- supplies, pre- equipment, (computers, 15,000 business cards, printers, fax machines, furniture, etc).

Sales are moving in slow and we are controlling that because we do not have a lot of inventory on hand.
 
We are seeking a bit of help to get our inventory stock up and some marketing.
Some of our supplies includes; Keds, Flurt Shoes, Soda, etc

We are requesting 10-12,000
tikki50

posts: 93

Aug 09, 2007 10:19 AM ET    Quote  Report Abuse
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what avenues have you already tried? 10-12K shouldnt be hard, I`d suggest going to a bank for that kind of cash. The bank is going to want the last 3 years of business records if you have that. Heck if your credit is good enough you might even get a personal loan.
mlebovits

posts: 88

Nov 27, 2007 12:48 AM ET    Quote  Report Abuse
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West23,

By keeping your existing job, you may have established a very solid secondary repayment source that could trigger interest from a participant in the SBA`s microloan programs.
 
Marshall Lebovits
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