What all economic upheavels show is that ambitious entrepneurs continue to puruse luxury ground transportation.
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Resolve any negative information on your report as quickly as possible.
This may involve writing letters to old creditors, or in some cases it may involve paying off some old debts.
A special-occasion type company will most likely start with a Sprinter van, limo bus, and/or stretch or super-stretch limousine.
A sedan or SUV needs to be black or a very dark color.
Should you take a home equity loan for start-up capital for your business? In some instances, the rate for this loan is much lower than any other rate the borrower may be able to obtain.
But potential pressure from your spouse may make it more attractive to get financed another way. The most important one is a roadmap for you and any potential lenders to follow.
However, white is still the color of choice in most of the country for weddings.
Try and finance your first vehicle for three years or less, especially if you have opted to purchase used. Your vehicle is your storefront, so make a commitment to keeping it in pristine condition.
Figure on a minimum of six months before you could possibly take any money from your business. If you have never written a business plan before, then you should either get a business consultant to help you or search your local library or bookstore.
If you need money sooner, consider becoming an owner-operator for a reputable company. There is nothing wrong with letting common sense defer your dream. Remember, in a down economy your margin for error has been reduced. LCT 2016: How To Create A Business Plan LCT 2018: Is Your Operation Ready To Qualify For A Business Loan?