Читать книгу Start & Run a Coffee Bar - Tom Matzen - Страница 71

Banks are the most common source of start-up funding. Take the time to develop a business plan and package the loan request in a complete and professional manner. Try to meet with the commercial loans officer prior to presenting your request. Ask them ahead of time what they will be looking for and the types of questions they will need answered. Many lenders will conduct a lengthly interview asking you detailed information about everything from your concept and your target market to your financial projections five years down the road so be prepared! Keep in mind that with a 50/50 business success rate in the first five years, financial institutions will be hesitant to loan you money if you are a start up and if you are buying an existing business, will generally not finance any good will.