No money? Don’t despair, today I have some tips on how you can start a business even if it looks like you’ve got no money to invest. I’m also going to tell you about some of the pitfalls of starting a business on a very tight budget.
But first, here’s the challenge. You don’t need much money to start a small business from home, but the chances of a bank lending you this money may still be pretty small. Plus you don’t really want to take on (more?) debt right now. You’re already on a tight budget because you’re a) not working b) working part time or c) spending a big chunk of your salary on childcare. So you don’t really want to spend money on a business that should be putting food on the table or clothes on your kids.
You can start a business on a small budget, but you can’t do it on no budget at all, so what should you do? Here are some ideas: Continue reading “Can You Start a Business With No Money?”