Friends, We are planning to rent out a shop and start our home made business. I wanted to know: 1.Does banks give loans for opening such shops? 2. What is the procedure for such things? 3. What kind of paper work, preparatory work is required to approach the bank? 4. How do we prepare a proposal? Friends, I am new to this field. I really really need your advice to start the business. I stay in Bangalore. Looking forward for all your advises. banu
Dear Sister, Many first time entrepreneurs have got benifitted from AWAKE, may be you could give it a try.... Association of Women Entrepreneurs of Karnataka B-76, Industrial Estate,Rajaji nagar Bangalore-560044 KARNATAKA Phone-91-80-3389964,3111059 Fax-91-80-3389964 website-http://www.awake-india.org Email-awakener@blr.vsnl.net.in Wish you all success.
AWAKE:http://awakeindia.org.in/ is a good place to start. They also help you get more contacts and give infoon how to improve/expand your business. Also try SIDBI. They have upto 25% loan principal waiver for women entreprenuers.
Thanks for your reply. I do not know how to write a business proposal. Please help me with some pointers. Have a great day. Regards banu
Saisakthi, Thank you for your response. A very valid info. I will appraoch them today or tomorrow and keep you posted. Have a great day. regards banu
Hi Orion, Thank you for your response. A very valid info. I will appraoch them today or tomorrow and keep you posted. Have a great day. regards banu