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Thread: Raising Fund

  1. 06-25-2011, 04:59 AM #1
    tabletennisstore is offline Junior Member
    Join Date
    Feb 2009
    Posts
    21

    Question Raising Fund

    To sell more, we need more products in the inventory. To have more products, we need more money. A lot of us stated small. I started small with less than $5000, but at this point of sales over $50,000. I know I can make an annual sales of $100,000 or more but I don't have fund to buy the inventory. What are the options I can look at? Go to a bank for loan?

    Share your ideas.
  2. 07-07-2011, 08:37 AM #2
    danrawk is offline Member
    Join Date
    Apr 2011
    Posts
    45

    Default

    - fund via credit card (have a good inventory turn rate though!)
    - kickstarter.com
    - bank loan / small business administration loan (USA) - you will need a business plan with this.
  3. 07-11-2011, 08:16 PM #3
    tabletennisstore is offline Junior Member
    Join Date
    Feb 2009
    Posts
    21

    Default Cc

    Are you saying buy the inventory using the credit card?