I'm 17 and I have the perfect business idea. What are some tips on getting started?
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I need help getting stared. Anything tips are appreciated from how to get loans to how to become successful.
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Answer:
You can't do anything until you are 18. Any bank will require a business plan that shows that you can pay the loan back. Go to http://sba.gov/smallbusinessplanner/plan/writeabusinessplan/index.html or http://www.score.org/template_gallery.html for instructions on how to write a business plan and sample business plans. You should have a credit score of at least 700. You will personally have to put up 30% of the funds as no bank is going to assume all of the risk.
Maggie at Yahoo! Answers Visit the source
Other answers
wait till you turn 18 and have at least $10,000 dollars saved up, it'll be easier legally and you need to have a good amount of money to start a business, $10,000 is a minimum.
genevieve m
wait until u turn 18
David Clarke
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