How to open a business without seed capital

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The situation when there is a desire to start a business, but there is no initial capital, is familiar to many beginning entrepreneurs. As practice shows, this idea is quite feasible. Although at the initial stage, overhead costs for transport, communication, Internet, etc. you still have to pay, but this amount usually does not exceed $ 1, 000.

Instruction manual

What in most cases is the initial capital spent? For rental office or retail premises, staff salaries, purchase of goods and equipment, and for advertising. If you do not have an initial capital or a sponsor willing to invest money in your business, all of the above should be abandoned at the initial stage.

Start a business by working at home. If you need to meet with customers, you can come to them or make an appointment at a cafe. If you have the opportunity to completely abandon the use of employees and do everything yourself, refuse. If this is not yet possible, then hire staff part-time, part-time or with a flexible schedule. Agree on payment upon completion of work.

The best option to open a business without seed capital is to provide services. Since in this case funds will not be required for the purchase, transportation and storage of goods. If you would like to engage in trade, try first to buy goods in small wholesale.

Use the least costly ways to attract customers (preferably free). Consider ways to find and attract customers (advertising, PR, direct offer, personal recommendations, etc.). Choose from these methods one or more of the least costly.

One of the most common business ideas without seed capital is consulting. For consultation, money is not required at all (except for advertising costs, but you can get by posting free ads about your services on the Internet). You sell your knowledge and experience. The only difficulty is being able to convince potential customers of this. Their search will be much easier if you already have connections in the field in which you would like to provide consulting services.

You can also provide educational services by opening courses in vocals, rhetoric, massage, and drawing. A lot of options. To do this, find one or more experienced teachers, rent for a couple of nights a week, and clients who are much easier to find in this business than in a consulting one. Or, if you have the appropriate knowledge and experience, you can do tutoring individually.

Another option is logistics. Offer the organization of delivery of goods to customers of goods in the desired direction. To provide this service, you will not need capital, but sociability, the ability to conduct business negotiations and negotiate with various transport companies. An online store can also provide good income if you sell well-chosen and best-selling products. The cost of opening an online store is not particularly high, you can meet the $ 100.

The Internet is a great launching pad for starting a business. You can create your own website and earn money on it. However, you can only pay for using the Internet. But in this case, you will have to seriously work on the site and spend all your free time on it. You create a site, place it on a free hosting, promote it, determine the type of earnings on the Internet. For example, you can place useful information and advertisements on it.

You can also provide services as a freelancer. The most popular services are translation, web-design, copywriting, programming, etc. If you have a different specialization, you can go and learn everything. If there is no money for training, you need to rely on what you can or what you can learn for free. On the Internet there is a large selection of opportunities for self-study, it is possible to read and download entire courses in video or text format.

A business without initial capital can be a great start in business. Without risking significant financial resources, you get the experience of independent business organization and its skills. With the right approach, your business will bring a good income, and it is up to you.