The "local" SBA would laugh me out the door, as my home town has rejected any kind of industrial business licenses for the last 30 + years .Originally Posted by Sirscrapalot
Amazon also started in a garage an now loon at them. You say you've done a business plan..did you take it to a local sba? they can help you get financeing if you did good on the plan. so what Scrappah says is right on...dreamer or doer? there are people who will invest/loan if your plan is as sound as you say.
i dont sugar coat..sorry.
seema to me your confident its profitable...time to stop dreaming an looking for backing then.
good luck.
sirscrapalot - all words in this post are meant to help - end disclaimer
( No bank I have approached will loan me a large quantity of money for starting a business )
I have actually looked into the investor rout - every one wants tech companies, no one bothers with recycling - "capitol venture" numbers show it.
My state has no business grants available for salvage businesses ( I hired a lawyer to look into it for me ) .
The cost for the "bare minumum" would be well over $100,000 .
Building in a commercial zone = $75,000 ( Doing anything in my back yard is illegal )
Truck = $5,600
Tools $2,500
Layer and MIC fees = $15,000
I tend to have a more realist view toward this "dream" .
A lot of folks in this forum are lucky enough to live in a relatively "free" area ( were folks mind their own business ) however starting a business in my "back yard" or "garage" is illegal as heck .
If you live in my county -
Working on cars in your own garage is a $3,500 fine .
Having anything deemed "unsightly" on your property is a fine of $150 per day .
Operating a business with out a license starts at a $25,000 fine ( I looked it up ) .
Having grass over 6" tall is $70 per day .
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