Question:

Is it possible for a single mom to start up a biz w/ no credit?

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My lifelong dream is to open a small cupcakery and my credit is not so hot & no money down..is there possibilities for me?????very little startup cost.please help...Also what exactly are sponsers? Would they help me in this situation?Thanks all

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  1. Think of something that you would like to do that can be easy to help others, that the key.To Help others. I had a few things in my computer like Print Shop, so I could make flyers to put on doors,cars, or just ask people if the would put this flyer up for me  in there store to help me out. I started a Pet Care Business to help the Seniors take care of there Pets to they could visit with the families,go to dinner out with friends. Or just get away for a week or more on vacation, when they wanted to go. I made great money in the Holiday seasons, I was always business and it put money in my pockets to pay my  bills, when would I get always when the business slow down for me after the first of the New year and the next month. I had a open calendar they could call anytime to give me days for there next trip. More Money in your pocket. Don't forget to have a answering when you have a business and a cell phone it helps alot. I put a small ad in the paper, buy the flyers I made help a lot. If you want some bad, you will fine a way to do it with no money. This was a small business it might take time to build it but you can do it.

    Good Luck I hope this helps you out some.


  2. Yes it is possible. I do not know what state you reside in but your first place to look would be into the unemployment office. I remember them having small business loans?? maybe even give aways for women who wanted to start a business years ago in PA.

    Sponsors are private lenders willing to lend you money to start a business.  They usually have high interest rates and it can be tough to find one.  You will need a really good business plan prior to approaching a sponsor.  You can find them on line or through your local organizations.

    Try finding small business organizations in your area to find a personal sponsor, you may have better luck person to person.

    Good Luck!!

    www.sweetpathtofreedom.com

  3. If you have no credit and no money down, how do you possibly think you could start a business? How will you pay the rent? The electric bill? Where will you get the equipment and the supplies you need to make the product you're going to sell?

    You need to work at a regular job and save and get your credit cleaned up before you can start thinking about running your own business. Sorry, but that's the way it is.

  4. http://ecommerce-times.blogspot.com

  5. Please listen to RTFM - there is no such thing as a free lunch.  Try working in a bakery or cupcake shop for experience, and learn as much as you can about how a business operates. And save your money. And improve your credit.

    So many small businesses fail because the owners want the glamor of having their own business and don't understand all the nuts and bolts behind the pretty store front. Don't expect strangers to sink money into a risky venture that your haven't invested in yourself.

  6. It is or at least I believe it is possible to do all things if your mind and drive is strong enough.

    You may not be able to jump right into your cupcakery business right off the bat however because there is alot to be considered especially financially when starting up your own business.

    You may need to start off slower making money and saving it in order to start your dream business they way that you want to.

    I have worked from home for the past year in the Healthcare Industry and making a very good income for me and my husband. I know a lot about this topic, I have a lot of good info for you. Many people are looking for work from home companies. All the scams definitely create a big problem but also, there is a problem of people misunderstanding the difference between work from home "jobs" and work from home opportunities. There really is no such thing as a work from home “job”. To get that you have to start working for a company in their offices first, then they MAY allow you to take the job home and that’s only if you have special training such as in Website design, being an Attorney, Bookkeeper and the like.

    Most of the work from home opportunities that are legitimate offers are not an hourly pay type job. They are business opportunities that help you in starting your own business from your home.

    What you should do first is to decide if you are simply looking for an hourly rate type job or if you are looking for more of an opportunity for additional income such as what you would make in your own business being your own boss from home. Many say a JOB stands for Just Over Broker and I have found that to be true as well. I never got anywhere working for others.

    Small home businesses have some small costs involved, less then $100 to start is reasonable and I would stay away from those wanting $300, $500 even some asking for $1000. It doesn’t cost that much to start and run a home business so you shouldn’t pay it. The real ones will have a small monthly overhead as well. Should be around $50 a month but no more then $75. And everything should be included from your web sites to training and team support to back office accounting and booking. It’s ok to pay this overhead because it’s a business, they cost money. It’s not reasonable to assume you can run a business from home with a website and more for free so do keep that in mind as you search.

    If you are coming across places that say free then I would RUN don’t walk the other way! They never are. I tried them many a times and 3 weeks later I had to buy this and 6 weeks later that. After 6 months these “free businesses” had cost me over $800 on average.

    I’m a stay at home wife and a licensed nurse here in the state of California. I work about 22-28 hours per week for a National Medical Benefits Company. This is a home business, a nationally known and reputable home business which is what you need to make sure you are looking for. I have been with the company almost a year now and I make over $2000 a month! In your first month, depending on how many hours you can work I have seen people make anywhere from $300 to over $2000. And your income will increase each month because we get paid residual income as well. If I continue on as I am going at the end of the year I will be making $5000 a month. My friend Rebecca from Hales Corners, Wisconsin started 2 years before me and she is now making $45,000 a year with her home business; $25,000 of that is residual income.

    The best part is they have 401(k), direct deposit and a benefits package. In addition, there are no products, no hard selling or pushing, no cold calling, no home parties and no telemarketing! That was VERY important to me.

    I absolutely love working with them and I can't believe I am making what I am making and in so few hours per week. The neat thing is there are other people on your team that you work with so you are never alone. You have great team support and you get to know the other people on your team pretty well. The support is great but I have made wonderful friends as well. I think that’s important too, especially being at home!

    I was a bit apprehensive at first because I know a lot of companies are not legit but this company is the number one National Medical Benefits Company in the US. They are a member of the US Chamber of Commerce, The Consumer Health Alliance and the National Association of Dental Plans which is very impressive. Also they were featured in “The New York Times”, “Wall Street Journal” “Time Magazine” and the “American Medical Review” and the May issue of Parents Magazine. Even “60 Minutes” with Morley Safer did a big special on this home based business.

    Even more then all this is they are accepted at over 100,000 retailers nation wide. These are fortune 500 companies like Sears, Target, Walgreens, CVS, Wal-mart, Publix and more. These companies would never work with a company that was any thing less then reputable. That made me feel very good about working with them knowing they were accepted at these stores that I frequent. Also now of course being with them I get the dental and vision benefits for free and I saved over $650 on my last visit to have labratory work done. That’s just a beautiful perk! : - )

    When I first started I just felt very safe with them, that and my friend was already making so much money with Ameriplan. But at this point I feel a sense of security financially that our family has never had before. That plus LOVING what you do? What could be better?

    Check them out! Just type in www.Telecommute2008.com in your web browser.

    -Jana

    http://www.Telecommute2008.com

  7. if you would be interested in working from home let me know, email or im and i will send you my phone number so we can talk

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