You can start a business without loans

Published 3:57 pm Tuesday, April 20, 2010

Karin Resing opened the Village Bean, a coffee shop in Bothell’s Country Village, in August. She financed the startup without loans, and took years to plan the venture.

Her advice to new entrepreneurs? Do your homework, be patient, and make sure you can afford the financial risk that comes with owning a business.

“I saved money, and I did a lot of planning,” Resing said. “I did a lot of saving and was just very careful.”