Business Help Needed ASAP!!

[Its Gravy]

I currently run a vitamin/supplement business here in San Antonio. I am the sole proprietor, owner, etc. 90% of my products are those that you find at GNC, etc, but much cheaper. I also manufacture my own product line
SwoleFuel
MegaSwole FUel
Whey Protein
HGH Stimulator
all products have been tested and work great, I have customers lined up to buy b/c they work ....much better than Cell-Tech..and cheaper. I have some supplies but in order to meet demand I need to order tons of supplies and therefore I am in need of a sponsor/investor? How does this work. I dont know where to start. One guy asked me about investments and I told him maybe later.
I have some really great products for those who workout and guarantee the results. My friends use them as well as my little brother and he weighs 165lbs but benches nearly 300lbs.
I just need that extra financial boost. All entreprenuers get that sponsorship at some time and I feel like I need it as well.
I dont want to go thru the SBA b/c the process is tedious and time consuming. (I am still going to school)
any suggestions to one who wants to invest$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

 

[Stuman]

business loans are quite easy to obtain.

 

[Captain Crunch]

I have a friend of mine who recently just went back to work, mainly out of boredom and screamin kids at home, that bought into a company who was reccomended to him by his accountant. He sold 1/4 of his share of a company 5 years ago for about 20 million and doesn't need to work for financial reasons alone. He wasn't really looking that hard, but shared the same accountant with these other guys, and he basically asked my friend if he would be interested in investing in their company. He liked what he saw and put up the dough. I'm not saying he would be interested in your situation, my point is, ask your accountant or someone else you know that knows wealthy people, and start from there. It might be a good place to start anyway. Good Luck

 

[Its Gravy]

continued

continued

well I am definitely willing to discuss this with anyone interested and open to any suggestions that may be presented to me.
I would provide all of the necessary information along with 1 month samples of my products. (Only to those interested)
Also how does this investment thing work?
I worked some figures concerning gross sales and with 1/4 of 1% sales numbers neared 500,000 in the san antonio, texas area
my email is
modeslab@aol.com
210-452-5137
James Mark II
Its Gravy

 

[BobbyBlueChip]

It's time consuming to get a loan. If you need money NOW for supplies, the best way to do it is to talk to your customers, explain your situation and ask for 50% deposit down on all purchase orders. If they want the product, they will pay for it upfront.

 

[S-Love]

get a Line of Credit to get you through cash flow issues; or ask your supllier to extend terms, i.e. from net 30 to net 60 or 90

 

[Its Gravy]

thanks but

thanks but

i was looking for information on how this invetsment thing works.
Ex Bill likes what I am doing with my company. Bill wants to invest 25,000 into my company...what in the hell do i do, besides sell the hell out of my product?
accountants?
banks?
are these entities involved? if so to what capacity?
what would an investor look for?
( THis field concerns sports fitness, vitamins and supplements)
My dad is a doctor but he is hard-headed and I dont think he will invest in my business ventures. (This is legitimate, i have already one the IRS thing etc.)
opinions are wel;come
thanks

 

[S-Love]

Gravy- here's a decent read

link

Best of Luck- sounds like you have a winner

 

[Its Gravy]

bump

bump

thread bump
need other opinions....many breakthru products on horizon, need product testers with post-use testimonials...

 

[Its Gravy]

bump thread

bump thread

bump thread for all 2 see

 

[cisco]

You're going to need a (you knew this was coming didn't you) lawyer my friend. Find one that gives free consultation.

 

[skulldog]

You didn't say how much $$ you need, which is an important!! You should ask your dad, and eventhough he is a hard head, he doesn't want you to fail and if he's a dr, I'm sure he has the $$, or he can take an equity line on his home, which he could get a tax deduction for as well.

It sounds like you don't own your own home, so no equity there, you might want to place an ad in the newspaper, BUT you need either an accountant or lawyer to assist you(maybe they'll invest), contracts would have to be drawn etc.

My mom& dad took out a second mortgage so I could but my first house and out of the 20K they gave, I bought them a new living room set for 4K and paid the payment for 10 years and they took the tax deductions, and that's all they had was the equity in their home!!

GL