Hello I am currently in the early stages of opening my own business. We will have a location and a physical product we are selling. Currently putting together a business plan
As a first timer, I was hoping my fellow Bills fans could give me advice..."dos and donts'" with starting a small business..specifically things I should be aware of or try to have ready if my intention is to get a Small Business loan, grant or investors.
I am going to go with a S-Corp, and work in the industry so I have familiarity with the vendors I would need and things of that nature
Really it comes down to securing enough capital to have the bills paid for 6-12 months as the company starts. The good news is the actual product is provided via consignment so we are looking at rent, payroll, supplies, licensing, marketing etc as our cost.
I am aware this is pretty generic, I have been doing some research online as I try to get all my ducks in a row, so any insight, help or advice you are willing to share would be awesome!
Thank you!