| Ron,
I was afraid of that type of answer. The only reason why I'm seeking so much start-up capital was because I firmly believe it is better to starta business with purchasing your facility/land instead of renting. Money spent towards rent is money that you will never get back. Money wasted towards purchasing something allows the following to take place:
-Give the company an asset immediately
-Give the company an investment immediately
Generally, the land and facility would be improved to meet a more modern look which would give it value. My understanding of the situation in regards to purchasing land was this:
Investors are skepitcal at first. Start-up capital for someone as inexperienced, but driven and just as capable, as myself began to scare me when I thought of how much I would actually need to make the whole thing fit. Than I began thinking of a different alternative, a very optimistic, but still feasible, perspective that makes investing with me more inviting simply because if they gave me money, and I failed, they could either hire their own management staff to make it work or sell the materials (whatever I purchase) and land/facility (which I'm fairly certain would be at a profit) and not really lose much at all.
I figured that would make it a little easier for me to ge financing, especially with the credibility of my management team behind me.
Your thoughts on this, physicist? |