START-UP COSTS: INITIAL INVESTMENTS
Once you have a budget and business plan, you’re ready to find investors!
An investor is someone who lends you the money to purchase the items you’ll need to start your business (ingredients, “hidden” consumable items, etc.) Investors will want to know that you have thought through your business. They may want to know the following:
-What will you sell?
-How much will you sell it for?
-How much will it cost to start your business?
-Where will you locate your stand?
-Why did you choose this location?
-What is your goal in having the stand?
-How much will you have to sell in order to achieve your goal?
A well-thought out business plan will help secure your investor. They may even have some helpful tips for your business!
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Once you have a budget and business plan, you’re ready to find investors!
An investor is someone who lends you the money to purchase the items you’ll need to start your business (ingredients, “hidden” consumable items, etc.) Investors will want to know that you have thought through your business. They may want to know the following:
-What will you sell?
-How much will you sell it for?
-How much will it cost to start your business?
-Where will you locate your stand?
-Why did you choose this location?
-What is your goal in having the stand?
-How much will you have to sell in order to achieve your goal?
A well-thought out business plan will help secure your investor. They may even have some helpful tips for your business!
@LemonadeDayNational