ReflectionsADS
New member
I have been detailing now for around 10 years family and friends. I am in the midst of getting a local mobile detailing business started as i'm very confident in my abilities. I have completed and present my business plan to banks and all is well in that aspect. I am at this point torn on the amount I should be asking for, soley for the reason that i read this thread, and i see a considerable amount of you do mobile out of your normal every day vehicles. Maybe i don't see the behind the scenes.
Question: Should i go in to the bank ready to sign a $20k loan for a fully loaded trailer w/ advertising package and have some left over for equiptment, or sign for a $5k loan and rely on customers having water hook-ups and electricity?
Obviously i'm torn because $20k to start-up is a lot, but i know i have the mindset to do very well, but $5k is less of a risk for a startup business. Please provide you're thoughts or any input you may have.
-John
Question: Should i go in to the bank ready to sign a $20k loan for a fully loaded trailer w/ advertising package and have some left over for equiptment, or sign for a $5k loan and rely on customers having water hook-ups and electricity?
Obviously i'm torn because $20k to start-up is a lot, but i know i have the mindset to do very well, but $5k is less of a risk for a startup business. Please provide you're thoughts or any input you may have.
-John