Cake Central › Cake Forums › Cake Talk › Cake Decorating Business › how to get finances for business?
New Posts  All Forums:Forum Nav:

how to get finances for business?

post #1 of 5
Thread Starter 

where can i get grants for a home business where i live? How much will it cost to start a business.

post #2 of 5

It would help if you tell us where you live, and what kind of business you are looking to start?
 

post #3 of 5
I'd love some advice as well. I'm hoping I will outgrow the cottage food law this year!

I live in Charleston, SC & want to open a bakery.

www.VeryDeliciousDesserts.com

https://www.facebook.com/pages/Delicious-Desserts/207874222593145

 

It's never "just cake!"

 

You may get a cake for $way to little but you won't get this cake!

Animal
(4 photos)
 
Reply

www.VeryDeliciousDesserts.com

https://www.facebook.com/pages/Delicious-Desserts/207874222593145

 

It's never "just cake!"

 

You may get a cake for $way to little but you won't get this cake!

Animal
(4 photos)
 
Reply
post #4 of 5
Quote:
Originally Posted by DeliciousDesserts View Post

I'd love some advice as well. I'm hoping I will outgrow the cottage food law this year!

I live in Charleston, SC & want to open a bakery.

You have several years of financial records to show a bank that you have a viable growing business that needs expansion.  Start talking to local bank managers and credit unions about this.

post #5 of 5
Business loans are tough to get these days. Grants are virtually impossible to get unless you meet very specific requirements, e.g. you are doing certain types of scientific research or were impacted by a natural disaster.

More info:
http://www.sba.gov/category/navigation-structure/loans-grants/grants

A home-based food business will generally cost at least $1-2K to start if you can legally sell food from home or have access to a commercial kitchen you can rent. Most of the cost will be in ongoing operations, which you can build into your prices.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Cake Decorating Business
Cake Central › Cake Forums › Cake Talk › Cake Decorating Business › how to get finances for business?