OK, I am thinking 100k is a very hard amount to raise.
I have looked at the figures and I can borrow 25k to get my retail store open. Now this is a big gamble as I would not have any cushion if business is slow the first month (which I do not anticipate).
With my salary I can sustain this for a short period if sales are not good. My thought is I should take the risk...borrow the 25k and get the store open. I mean if it doesn’t make it at 25k and getting the store open would it of made it with 100k to last a year?
What are your thoughts? Would this be worth doing just to get my store open and making some money?
Actually, $100,000 for an established business may not be as hard to acquire as you think.
Start looking in unconventional venues instead of conventional ones.
That`s where I found my financial solution. I applied for a loan at www.thesnaploan.com. I only applied for $100,000, but, if I am not mistaken, this online resources lends up to $500,000 in a line of credit for established businesses.
Thought I would add that to the possible options offered to you in this thread.