I'm young and unhappy with my job. I have a business I would like to start that I know quite a bit about.
The Start-Up will cost around $250,000 and I have $50,000 I am able to invest myself. I have excellent credit.
Should I look to my bank to finance the rest? Or will I have to look for a number of ways to finance the rest?
What kind of protection am I looking at? I'm willing to lose $50,000 to give this a try, but if my business goes bankrupt after a year, am I personally now $200,000 in debt? I'm rather unsure of how personal and business finances are tied together.
Short of going to the bank and talking to someone, I've tried to do some internet research, but seem to only be finding sites that want to sell me programs and books which I am skeptical of. Can anyone give me a basic crash course, or at least a good resource?