i was applying for a loan but was disclined b/c bank of america is telling me that i need to get my business registered. but what if i am purchasing the busines is for sale and i want to buy it dont i need to apply for a loan first. so that i can see how much i can have on me...like if the business is for sale for 150,000 but i dont know how much i can be approved for, so thats why i need to know how much i can be approved for
What o i do first? register my small business or apply for a loan?
I would register a business first, as it is inexpensive (at least where we are), then apply for the loan with your business plan in hand.
What o i do first? register my small business or apply for a loan?
Hire a guy like this to appraise the business:
http://www.biz-valuation.com/bioprin.htm
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