Advice for Loan

[Quit925today]

Hey guys,

I'm trying to grow my business and it has been steady. I feel like I have to scale it up with my advertising. My bank will let me use 7K. What advice would you give me to use it for. Should I buy inventory, supplies, increase my advertising, look to make a new product, etc.

Any advice?

 

[Wilson Grant Fisk]

Hey guys,

I'm trying to grow my business and it has been steady. I feel like I have to scale it up with my advertising. My bank will let me use 7K. What advice would you give me to use it for. Should I buy inventory, supplies, increase my advertising, look to make a new product, etc.

Any advice?

Your goals aren't clearly defined. You start by saying you need to scale up your advertising but then ask how to spend $7k. I wouldn't touch the loan until you have a good look at your business.
Nobody can give you serious advice, as we know nothing about your business or your market.
I would imagine attracting more customers would be your first objective.

 

[Quit925today]

Your goals aren't clearly defined. You start by saying you need to scale up your advertising but then ask how to spend $7k. I wouldn't touch the loan until you have a good look at your business.
Nobody can give you serious advice, as we know nothing about your business or your market.
I would imagine attracting more customers would be your first objective.

Thanks! My business is solely advertising. I have a growing business with lots of customers but would like it to grow even bigger. I feel like I don't have much money to throw into advertising without getting a loan to get more customers and sales. Then I think should I buy most of my inventory and supplies for the year and not have to worry much about that.