It's nice if you don't have to borrow but then you better make sure you have enough operating capital or you're destined for failure. Most experts say a new business takes 3 to 5 years to make a profit. If you don't have enough money to carry your business for at least a year, you can be out of business in a short time. Depending on the business, there's a lot of things you need that you don't realize in the beginning. Starting a business as a hobby might be a better way to go. Many great business ideas have failed because there wasn't enough capital to carry the business until it was self supporting. If you can get a good working relationship with your bank can help you in the long run but you need to do a lot of research and make a reasonable business plan. Dave
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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