How hard is it to get money to start a business, and what are some ways to get money to open a business?

Question by Katie: How hard is it to get money to start a business, and what are some ways to get money to open a business?

Best answer:

Answer by Henry
Any reputable lender will require a business plan that shows that you can pay the loan back. Go to http://sba.gov/smallbusinessplanner/plan/writeabusinessplan/index.html or http://www.score.org/template_gallery.html for instructions on how to write a business plan and sample business plans. You will personally have to put up 30% of the funds. No bank is going to assume all of the risk.

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