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Thread: Investors

  1. #1
    Cracklin HiTekRedNek's Avatar
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    Lightbulb Investors

    I am in the process of expanding my computer business

    My goal is to branch out to a weekend expo at the indoor market where I live. This would be a weekend gig to help bring in business.

    My search is to seek out investors for start-up financing.

    Going by current, and proven methods to starting this my start up cost would be $2000. What does it go to?

    • Rental for a single booth
    • DSL for internet access
    • Secure credit lines from bank and financial institutions
    • Initial stock
    • Insurance
    • Lisence
    • Sales Tax permit

    The standard inteest rate for a loan of under $100K is 8.19%. Which means:

    $2000 x 8.19 = $163.80

    $2163.80 / 12 = $180/mo payment



    This can be done with a contract, or with goodwill. A computer business is in the top 10 most successful home based businesses, which it is right now.

    I hope this may reach someone who is interested in helping a small business succeed in a venture that will succeed no matter what it takes.


    --Andrew

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    Cracklin Taryn's Avatar
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    Default Re: Investors

    Looks like you've done your research...I hope you be able to find someone or some someones who can meet your startup needs...

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    Default Re: Investors

    Are you looking for an investor or a banker?
    There is a huge difference.......
    A banker is betting on your ability to repay.....
    an investor is betting on the come....
    Which is it?
    investors want to see a proper and correct prospectus and business plan, you have left out alot of numbers that are necessary and legally required...What about corporate filings and such or is this a privately owned DBA and fictious name laws?
    Licensing, sales tax, intial stock, etc etc., or are you looking for partner with capitol resources and business accumen to help make sure you stay out of legal trouble, provide a solid foundation in which your hard work pays off, and capitol resources for initial start up?
    "Zipity Do Da, Zipity Day, My oh My what a Wonderful Day"
    Plenty of Sunshine - Not much rain!




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    Cracklin HiTekRedNek's Avatar
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    Default Re: Investors

    Quote Originally Posted by Itchey View Post
    Are you looking for an investor or a banker?
    There is a huge difference.......
    A banker is betting on your ability to repay.....
    an investor is betting on the come....
    Which is it?
    investors want to see a proper and correct prospectus and business plan, you have left out alot of numbers that are necessary and legally required...What about corporate filings and such or is this a privately owned DBA and fictious name laws?
    Licensing, sales tax, intial stock, etc etc., or are you looking for partner with capitol resources and business accumen to help make sure you stay out of legal trouble, provide a solid foundation in which your hard work pays off, and capitol resources for initial start up?
    I am actually in the process of writing a full scale business plan. Complete with all of the needed figure, planed revenue, expected take home profit, initial stock. I have template used b the SBA to do this.

  5. #5
    Cracker Bytch Fling a Thing Champion, Deep Freeze Champion, J B Snowman Punch Champion, Operatin Maboule Champion
    Stumpy McDugal's Avatar
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    Default Re: Investors

    Elements of a Business Plan

    1. Cover sheet
    2. Statement of purpose
    3. Table of contents

    I. The Business
    A. Description of business
    B. Marketing
    C. Competition
    D. Operating procedures
    E. Personnel
    F. Business insurance

    II. Financial Data
    A. Loan applications
    B. Capital equipment and supply list
    C. Balance sheet
    D. Breakeven analysis
    E. Pro-forma income projections (profit & loss statements)
    F. Three-year summary
    G. Detail by month, first year
    H. Detail by quarters, second and third years
    I. Assumptions upon which projections were based
    J. Pro-forma cash flow

    III. Supporting Documents
    A. Tax returns of principals for last three years Personal financial
    statement (all banks have these forms)
    B. For franchised businesses, a copy of franchise contract and all
    supporting documents provided by the franchisee
    C. Copy of proposed lease or purchase agreement for building space
    D. Copy of licenses and other legal documents
    E. Copy of resumes of all principals
    F. Copies of letters of intent from suppliers, etc.

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    Itchey's Avatar
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    Default Re: Investors

    Quote Originally Posted by HiTekRedNek View Post
    I am actually in the process of writing a full scale business plan. Complete with all of the needed figure, planed revenue, expected take home profit, initial stock. I have template used b the SBA to do this.
    SBA is a good resource Hi-Tek also via the Chamber of Commerce in your are there is a mentoring process comprised of usually retired executive volunteer's who will help you with this kind of stuff also. You really should look into it.

    Do a google search for S.C.O.R.E. in your area..
    or start here...
    http://www.score.org/index.html
    "Zipity Do Da, Zipity Day, My oh My what a Wonderful Day"
    Plenty of Sunshine - Not much rain!




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    Default Re: Investors

    Quote Originally Posted by HiTekRedNek View Post
    I am actually in the process of writing a full scale business plan. Complete with all of the needed figure, planed revenue, expected take home profit, initial stock. I have template used b the SBA to do this.
    SBA is a good resource Hi-Tek also via the Chamber of Commerce in your are there is a mentoring process comprised of usually retired executive volunteer's who will help you with this kind of stuff also. You really should look into it.

    Do a google search for S.C.O.R.E. in your area..
    or start here...
    http://www.score.org/index.html

    Oh and you didn't answer the first question....
    Are you looking for a banker or an investor?
    "Zipity Do Da, Zipity Day, My oh My what a Wonderful Day"
    Plenty of Sunshine - Not much rain!




  8. #8
    Cracklin HiTekRedNek's Avatar
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    Default Re: Investors

    Quote Originally Posted by Itchey View Post
    SBA is a good resource Hi-Tek also via the Chamber of Commerce in your are there is a mentoring process comprised of usually retired executive volunteer's who will help you with this kind of stuff also. You really should look into it.

    Do a google search for S.C.O.R.E. in your area..
    or start here...
    http://www.score.org/index.html

    Oh and you didn't answer the first question....
    Are you looking for a banker or an investor?
    I am looking for a start-up loan, so I guess the correct answer would be a banker

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    Cracklin Gracie's Avatar
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    Default Re: Investors

    You may want to check your business name... I could swear I saw a HiTek computer shop somewhere in my travels lately (in FL).

  10. #10
    Cracklin HiTekRedNek's Avatar
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    Exclamation Project: S.O.S.




    HiTek Computer Solutions is proud to start
    Operation: S.O.S.
    Support Our Schools
    Budget cuts are taking a toll on the education system. It is not easy anymore for a teacher to provide the education like they used to. A gross lack of funding is a large part of this issue. It is time to take control of the situation. From 9/10/09 to 10/31/09, HiTek Computer Solutions will be donating 25% of every sale from services rendered back to the school of the customers choice. This is a great opportunity to help out our kids by taking some of the stress off of the teachers. I have known teachers that spend their own money to buy things for kids because the school can't afford it.
    Help me help them, we can make a difference. By clicking on the banner above you will be directed to the HiTek Computer Solutions website. You can see all that we do, and how we can help your personal and business computer. Again, from 9/10/09 - 10/31/09, 25% of ALL sales will go to the school of your choice. This is a great opportunity to fix your computer, get that website or host your own while helping your child and mine.


    For information about our services go to our website at http://www.hitekadvertising.com
    Phone: (941) 889 - 7360
    To become a sponsor of Project: S.O.S. please contact us.


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