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  #21  
Old 08.05.2016, 12:04
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Re: Small business startup loan?

use your brain and forget about the car

you need money as you would like to invest in the stock without having tested your business idea. Did you talk to your suppliers yet? They might be willing to help you out.

there are multiple ways of coming up with a solution. I am sure you will find it
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  #22  
Old 09.05.2016, 18:53
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Re: Small business startup loan?

Maybe you a 3rd pillar or a second pillar with you can use for this case. I'd recommend to use your 3rd pillar rather your second - but I guess this way you could hold to your loved car...

Good luck!
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  #23  
Old 25.05.2016, 03:12
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Re: Small business startup loan?

Thought I would report back...

I still have the car... and the business has started well, despite it being a cold start rather than warm start advertising slower delivery times that would normally be ideal with a hot start that I had hoped for.

Over 300 orders in the last week and the name/brand is only just starting to emerge on the market... it has shot off even quicker than I had hoped.

All good
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  #24  
Old 09.06.2016, 12:39
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Re: Small business startup loan?

First month figures in... 31,000 CHF turnover in our first month... very happy with that, exceeded my expectations
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  #25  
Old 09.06.2016, 13:10
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Re: Small business startup loan?

Congrats! Hope the next month's are even better!
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  #26  
Old 09.06.2016, 13:21
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Re: Small business startup loan?

Quote:
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Thought I would report back...

I still have the car... and the business has started well, despite it being a cold start rather than warm start advertising slower delivery times that would normally be ideal with a hot start that I had hoped for.

Over 300 orders in the last week and the name/brand is only just starting to emerge on the market... it has shot off even quicker than I had hoped.

All good
What did you do for the cash in the end? Did you get a loan? Who with?

Last edited by Phil_MCR; 09.06.2016 at 17:16.
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  #27  
Old 09.06.2016, 16:43
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Re: Small business startup loan?

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First month figures in... 31,000 CHF turnover in our first month... very happy with that, exceeded my expectations
Congratualtions! Would you mind to roughly share the market you are in and your margin?
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