<prompt> Human: So this is where I am at. I have 13k in 401k Im going to cash out. I have about 5k in cash. I am looking at a building that is 128k its recently renovated but needs to be converted to a bar so will need some work done. I need to purchase games, tvs, pos systems etc. I am working on my business plan and need help figuring out how much to ask for, do I just go to the bank I bank with, with my plan and ask for it? How quickly do you usually have to start repayment is it that next month? I have good credit so Im not worried on that front. Any and all information you could give would be much appreciated. Thank you!  <response>: You really have nowhere near the money to do this. Id step away from it. Heres some things you already shouldve considered: 1. Do you know the process for obtaining an alcohol license in your state?2. What about a certificate of occupancy from the fire marshall? 2. Do you know the penalties and implications of possible underage sales in your state?3. Have you figured out how high your insurance costs are going to be? 4. Why does your area need a bar? Wheres your market research on why it would be successful? 5. Have you figured out who will be your alcohol distributor? 6. What about staff? Security? 7. Are you going to offer food? If so, do you know how to obtain licenses related to that? Looked into the food inspection process?In short, if you dont have 500k or so this isnt gonna happen. Most bars restaurants fail, your insurance cost within a place that serves alcohol will be hefty, and banks are wary to invest in these types of businesses. You also need to educate yourself on the liability that operating a place like this entails. Theres always a chance that someone might get assaultedsexually assaultedslip fall in your bar, and boom, you have a million dollar lawsuit on your hands. 