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Small Business Property
Monica Said:
Where do i apply for a small business loan easily if i dont own any property?We Answered:
No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.
SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
Terrance Said:
How can I take over or buy a small property management business in the Riverside California area?We Answered:
Try the Inland Empire Message Board:http://mycitycorona.proboards106.com
Chad Said:
Websites which display small business properties in canberra?We Answered:
type this in google search bar "small business properties in canberra" and search and see magic.Clayton Said:
will the small business assoc. get me a low interest loan to buy my the property my business is in ?We Answered:
No. The SBA doesn't finance real estate.Alberto Said:
Is it better to lease or buy property for a small business?We Answered:
* Leasing is always a good option to keep your costs down, however, the problem i have found with a lot of leases is, you are limited when it comes to making structural changes or refurbishments. If business goes bad and you have to cut your losses and get out, you lease may still have you tied in meaning you will still owe* Having your own building also has its good and bad, the first is, it can be more costly followed by finding the right location. The best places are never for sale, however, what i do like about purchasing is, you have something of tangable value. So if business ever went bad, you still have a property with equity you could squeeze some money out of, rather than having wasted it paying someone elses mortgage and then owing them at the end, which is the case with a lease. Also, refurbs benefit you only and not the landlord who is cashing in.
If you have the money. buy it.
Robert Said:
I have a trailer I use for my small business. Do I claim it as a Business Vehicle or as Business Property?We Answered:
It wouldn't be necessary to claim it, unless you also store your business equipment in it. Now as far as the inventory of your business, then you would have to.I claim my fleet of vehicles used and traded and wrecked under auto expenses. I get a portion of gasoline refunded as well.
Adam Said:
Set up small business so it is not community property?We Answered:
One would seek the services of a lawyer or tax accountant qualified to work in your state, to make sure it's done properly.