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  1. #11

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    10th Planet Chicago
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    Quote Originally Posted by brainstorm214 View Post
    Well, this is not a rocket science. The man needs a good business plan. If so, that won't be a problem. And he can obtain a loan easier, if he has a good business plan.
    The business plan has nothing to do with profitability of business. It needed only for one thing - for borrowing money from the banks. But there are a lot of other solutions in this case. For example, you can borrow money from a loan company such as Expert Payday Loans or other one. Loan companies, mostly don't care about what you want to do with money. And so, it's a perfect option for those who have an idea of starting a business, but it isn't convincing enough. I think, if Bill Gates tried to borrow money from the bank in order to open Microsoft, the bank would refuse to give him money.

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