AboutFinance Guy Expertise 1. All questions relating to finance
2. All practical aspects of mergers and acquisitions
3. Many general business questions
Experience Considerable experience in the area consisting of 25 years in both consumer and commercial finance and business management, including 15 years specializing in international Mergers and Acquisitions with over $100 billion in assets acquired
Education/Credentials Business administration undergrad
Wharton post grad in finance
Awards and Honors numerous corporate awards
Past/Present clients range from small enterprenurial companies to large multinationals
Expert: Finance Guy Date: 4/3/2008 Subject: Start up Capital
Question I am interested in starting a small operation repairing computers and I have a decent plan put together and am prepared mentally to begin. My trouble is that I have been on Social Security Disability for 14 years and as such, do not have any money of my own. I have no credit and own no property. I was just wondering of you had any creative ideas to financing? I must say that I just don't know what to do. I have no family or wealthy friends to tap into either. Any suggestions would be greatly appreciated. I wouldn't blame you if you just sent an answer laughing heartily!
Thanks for your time,
Jim Griggs
Answer Get your customers to invest in your business.
That is, get PREPAID orders for your services.
Offer so much of a year's or 6 month's worth of service for a discount of say 20 to 40 off regular prices so you have money in the bank and guess what, you have prepaid sales!
GO out or get on the phone and start getting those orders!
