The Sausage Vendor said he bought his sausages for a buck, and sells them for $.95. When challenged as to how he would make money, he said, “No problem, I’ll make it up in volume.”

While a great idea, a needed service or product, and a known area for marketing are all very important, let’s face it…getting funding for your business is critical. Most businesses will start up with investments made by the owner, but often, that will not be enough to insure success.