Tuesday, December 4, 2007

I want to start a small T-shirt business but dont know where to go to get grants for the start up.? -

Does anyone know where to begin, the first steps I need to take. I ve designed all my own shirts and have a printing company that will print them for me but I just don t have the money to start.

Give up on grants as you will grow old waiting on one. Anyone who has taken any business classes knows that you do not need capital (so I am going to guess you have not). What you need is sales (or a promise there of). There are 2 ways to do this. Say you have an order for 100 shirts, you can request 25% down and this will cover your production cost. Another way is to take the contract for 100 shirts to the bank. They will see what the profit will be (it should be about 75%) and they will give you a loan for 25% of it. You make the shirts give the printer and suppliers their cut (from the 25%). You then collect the outstanding balance (normally happens in monthly cycles so you will have to make 1 loan payment) pay off the bank keep the rest. With your next order you now have capital to do it without a loan (tho I would always require 25% down).

I googled gov t grants and on source tells me(in Texas) that such grants are non existent due to lack of fundshowever this still is and has been for beau coup years the Small Business Administration that makes loans to small businesses, however, my past experience has been than unless you are asking for $1 Million loan they are not available $1 Million is considered small business

You should start with one of these sites that gives free t-shirt businesses. What you ll have to do is upload your design and market them on the business site they provide to you and when a customer purchases one you ll get a percentage. Try this one zazzle.com. This way you ll make what you ll need to start your own plus you ll know if you have a winning design before you invest money into it.

I found all of the details and tricks to starting and running a small business at the link posted below.Copy and paste to browserhttp://84c278x23umj7x3lzvohq89td0.hop.clickbank.net/You will find exactly what you need for your small business here.

Where do you live? I don t have a straight answer for you, but it may help somebody who does.

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