Starting a business with little capital or budget

A common myth is that business to start one need a good capital or budget. Some people claim that "if they had money" would mount their own business, while others plan to save a year of the money they receive for their jobs for only then start building your business. But the truth is that to start a business rather than having a large capital or budget, you need confidence, sincerity & creativity.

Let's look at some thoughts or guidance on how you can start a business with little capital or budget:

Start a home business

Before renting an office for your business, why not start enabling an office in your own home? Perhaps your home is not a commercial site or near public target, but if you do a good promotion and advertising, and offer a product or service good quality, your customers seek and find you wherever you are.

Start an Internet Business

Rather than creating a business involving rent or purchase a commercial or a store, why not start an internet business? You could, for example, create a virtual store where you promote and sell products, which to be ordered; you can store in a small room in your home.

Agreements with suppliers

Another way to start a business with little capital or budget is making agreements with suppliers. You could, for example, make trades or barters suppliers where they will give you their products under the condition of agreement.

Or we could find vendors that provide or providing equipment or appliances (for example, tables, chairs, refrigeration machines, cups, and napkin) in exchange for maintaining the advertising placed on such equipment or appliances, or sell only its brand.

Renting instead of buying

Not only can we rent or lease the commercial or office necessary for your business instead of buying them, but today you can also rent or lease almost anything. You could, for example, rent machinery and equipment to our factory, tables and chairs for the restaurant, and even necessary for your office computer.

Rent a small stand

If the idea of ​​your business means having a shop or a store, 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, you can find stands of all prices, and even, you may choose to partner with another business that sells products similar to ours, and rent together on the same stand.

Commissioned salespersons

One way to start selling your products or services without spending much money is hiring and paying salespeople on commission basis i.e. paying a percentage according to the amount of products able to sell to the final consumer or placed in other businesses. And later when sales increase in your estimated range then hire and pay them a fixed salary.

Buy at low prices

You should not hurry and buy the first furniture or fixtures and equipment that are needed for business, but you should always take your time researching the market well and look good prices. There will always be someplace where you can find the equipment, furniture or fixtures you need to start your business at a low cost compared to other places.

Find an established business and convince them for associate  

Another way to start a business with little capital or budget 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 their business, which have many difficulties and will need more capital to invest, you could propose to enter his business and be his partner, investing a certain amount and win a percentage of profits according to the investment and to work or perform functions.

Seek funding

And finally, in case that the money you have saved just enough, you always have the possibility to seek funding. You could, for example, borrow money from family, friends, banks or financial institutions engaged in small business, find a partner to invest and work with you, find an investor who only contribute money, or participate in contests on business projects.

For start a business with little capital or budget, you should be technical, proper use of time, hard worker and creative in your ways and most important things is never lose your confidence.