How do I start my small business?

How can I borrow some money to start a small business?

• I think that I have good idea in Stationery & gift business in Bangladesh as I have been involved in this business since 10 years. I am running this business as a Manager. But I independenly execute this business. As my salary is low, I like to do this business. I do not get any financial support from my family as we are very poor. Please advice me how to start business borrowing money. I need a source. We need at least US$10,000 to run the business smoothly. Hopefully I like to return this amount within 3 years. Please show me a way. Shuhan [email protected]

• Answer:

  Start by writing up a good business plan, detailing everything about your desired business, where all the money will go, etc. Once you have that, you will be able to interest more serious investors. In the US, we have the Small Business Administration, which provides counseling and help for people like you - check and see if your area has anything like Economic Development centers, or Small Business help.