On The MoneyA step-by-step guide to raising money for your start-up
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You want to start a business in college, but you're stillbuying the 10-for-$1 packages of Ramen noodles because youcan't afford macaroni and cheese. You just maxed out yourstudent Visa buying books for second semester, and your car needs awinter tune-up. How the hell are you going to finance yourbusiness? Let's not get ahead of ourselves . . . we shouldbegin with the hardest question: Where do you start? We've puttogether a list of basic steps:
1. "First, there's the writtenbusiness plan,"says Roy Thomasson, CEO of YoungAmerica's Business Trust in Washington, DC, a promoter ofentrepreneurial development programs for young people in LatinAmerica, the Caribbean, the United States and other locales."You have to have something concrete to sell orshow."
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