hi bharat
from what i know, this amount is not much, you can get a home loan easily but not a loan to buy business, this was told by someone who came to AU with the mindset of buying a business after taking a loan. initially you can look for a job, gain some experience on hoe things work, how people are etc etc, eventually get to buying a business, one person out of the two of you can keep working while other can take up the business.
i might just be wrong, but i am sharing what i have observed in last few months.
28k is hardly anything, you need atleast 12-15k for initial set up, buying a car, renting, white goods, furniture, even if you go with second hand goods, stil you will end up spending that much and since you do not come with a job, you ar eon your own for sometime, till you actually manage one..
from what i know, this amount is not much, you can get a home loan easily but not a loan to buy business, this was told by someone who came to AU with the mindset of buying a business after taking a loan. initially you can look for a job, gain some experience on hoe things work, how people are etc etc, eventually get to buying a business, one person out of the two of you can keep working while other can take up the business.
i might just be wrong, but i am sharing what i have observed in last few months.
28k is hardly anything, you need atleast 12-15k for initial set up, buying a car, renting, white goods, furniture, even if you go with second hand goods, stil you will end up spending that much and since you do not come with a job, you ar eon your own for sometime, till you actually manage one..
