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 - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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