Thanks for the tip! The problem is, I don't understand the details of how angel investing works. Do you have any insight into this or perhaps some resources?
Sounds like we are kindred spirits. :) I take it you are planning on option 4. Do you plan to use part of your savings to live on until your business is able to turn a profit? Or are you working a small salary for yourself into your financials?
Have you seeked a bank loan yet or is #2 based on what you have heard from others?
Like everyone is saying, A solid business plan is a must.
I recently bought a four year old cafe that had average books and not alot of income. i had to work extra hard with the banks with a solid business plan and projections of income to get me over the line.
Then they hurdled me with needed a security on the loan; in stepped the parents, they are listed on the loan as gurantee's to make the bank happy.