Finance

No matter what business you want to start you will need some cash(capital) to begin this may be as low as $100 or as high as...well how far do you want to go.
If you are in the $100 bracket then great you will probably not need to borrow any meney but if you need cash to buy stock, set up a website, design corporate imaging etc. you may well find yoursel seeking finance elsewhere.

A business plan is imperative here, the more detailed the better. Its not a bad idea to get some professional help here if you think you can affoard it as once you have been to an institution its difficult to get back in after being refused. However if you are refused make sure you know exactly why and adjust your pitch or plan accordingly for the next meeting.

When comparing different offers and institutions the interest rate is not always the most important factor. Read the terms and conditions with great caution. This is probably going to be a long term decision for you and one that might be difficult to change under the current climate conditions. Interest rates will normally be lower on a secured loan but that means you have to put your home or other asset up as security. Be careful. The unsecured loans will normally be for smaller sums.

Remember that felexability is a huge advantage especially today so if your bank is willing to be flexible put a lot of weight on that offer.