Many people claim that ?if they had money? would mount their own business. Other planned a few years to save some of the money they receive for their jobs for only then start building your business.
But the truth is that in order to start a business, rather than having a large capital or investment, you need creativity.
Let?s look at some ideas or suggestions on how we can start a business with little capital or budget:
Start a home business
Before you start renting an office for our business, why not start by enabling an office in our own home?
Perhaps our home is not a commercial site or near our target, but if we do a good promotion and advertising, our customers seek and find us wherever we are.
Start an Internet Business
Rather than creating a business involving the lease or purchase premises or a shop, why not start our online business?
We can create a web page where you win money from advertising, or create a website or online store where we promote and sell products, to be ordered, if not fabricate ourselves, we can buy them at the time, or have them stored in a small room in our home.
Agreements with suppliers
Another way to start a business is looking for a budget agreement or agreements with our suppliers. These agreements may involve trades or barters, for example, provide our services to their workers in exchange for which we provide input or merchandise, or find us some trade credit granted to allow us to pay for inputs or goods at a specified time.
Another way to make agreements with suppliers is looking for companies that we provide or providing furnishings or equipment needed to start our business in exchange for simply maintaining the advertising placed on such equipment or appliances, and sell only its brand. This occurs, for example, in the case of some breweries that after previous evaluation, we can provide tables, chairs, refrigeration machines, cups, coasters, napkin rings, etc., In exchange for advertising placed on them, and sell only its brand.
Renting instead of buying
Not only can we rent the room or office necessary for our business instead of buying them, but today we can also rent or lease almost everything.
Today there are several companies dedicated to renting furniture, equipment or machinery to other businesses.
If the costs are very high we do, we can choose to start renting, for example, rent tables or chairs in our restaurant, or rent the necessary computer to our office.
Rent a small stand
If the idea of our business is to have a room or a shop, but do not have enough initial capital, why not start by renting a small booth, whether in a mall, in a gallery or in a market?
Depending on your location, we can find stands of all prices.
We can even choose to partner with another business that sells products similar to ours, and rent together the same booth.
Renting a space within a business
We can also begin to rent a small place within an established business, for example, rent a space inside a big tent in textiles, where we can offer and sell our own products.
To do this, you do not expect the business owner or store offers to rent a small stall or space in it, but we ourselves can make the bid, offering to pay rent and / or a fee for granting us a space not using or not being well used within its premises.
Selling to other businesses
Before you have a business that requires a local or a store where we sell products to the public, we can choose to create a business that consists of wholesale selling, ie selling products we produce, we send to produce or we market (buy and sell) to other businesses, so that they then sell to the ultimate consumer (the public).
This business model prevents us from having to rent a room or tent, as the products will sell to other businesses, which in turn are responsible for offering them to the public, may be our home base just in our home.
Put on consignment to other businesses
If we find it difficult to sell our products to other businesses or stores to which they offered to the public, we can choose to let our products on consignment, ie let our products and charge as the selling broker?s go.
And, once it increases the movement of our products, leave aside the provision, and start selling the credit and cash.
Commissioned salespersons
One way to start selling our products without spending much, is hiring and paying salespeople on commission, ie, paying a percentage according to the amount of products that succeed in selling to the final consumer or placed in other businesses.
And later when sales increase and no longer as profitable as we pay commission, hire and pay them a fixed salary.
Buy at low prices
We should not hurry and buy the first furniture, equipment or machinery we meet, we always take our time researching the market well, and look good prices.
There will always be somewhere where we can find the appliance or equipment you need to start our business at a low cost compared to other places.
Find associated with an established business
Another way to start a business with low capital is partnering with the owner of an established business.
For example, if you have a friend or acquaintance you know that is not doing well in his business, which has many difficulties and will need more capital to invest, we can offer to come into your business, to be your partner, investing a certain amount and earn a percentage of the profits according to the investment and to work or perform functions.
Seek funding
And finally, in case that the money we have saved just is not enough, we always have the opportunity to seek funding.
We can borrow money from family, friends, banks, financial institutions engaged in small business, we can find a partner to invest and work with us, or an investor or financier just contribute money, or we can participate in contests on business projects.
For this, the key step is to develop a good business plan, allowing us to demonstrate the attractiveness of our project and, at the same time showing that we will be able to pay the debt promptly.
Source: http://www.11111011000.com/how-to-start-a-business-with-little-capital-or-budget.html
pbs nicki minaj miguel cabrera Karrueche Tran dodd frank Lark Voorhies Jennifer Livingston
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