How to start a business with little capital

How to start a business with little capital? That is the question that many people who do not have a job or do not feel satisfied with their current position. Having a business of your own has many advantages, including, above all, that you become your own boss, but sometimes we fall back thinking that we need an excessive financial investment. However, this is not always the case, and in .com we give you some tips on how to start a business with little capital.

one

Mount the office at home. Think if you really need to have your own place in the center of the city to serve customers or to perform your administrative tasks. If it is not a commercial establishment, it is most likely that at the beginning you can use your own house as the headquarters of the business, reserving any of the rooms as an office or meeting room.

two

Start with an online store . If you plan to dedicate yourself to a purely commercial activity, you can value working as a virtual store, in which the Internet is your showcase to sell to everyone, paying only a small part of what it is worth to keep a place (rent, electricity, water, insurance, alarm, furniture, etc.). There are many predesigned services to install your own online store in a web page of your property, and hosting costs in a server and own domain are very small. If you do not know how to do it and you want to have a hundred percent professional result, you can also ask a computer and a designer for a quote.

3

Rent instead of buying local and equipment . If you need to have a physical presence with a commercial place or an office, you can always resort to renting instead of making the large initial investment that involves buying everything in property. You can rent practically everything, not only the premises, but the furniture and the work instruments.

4

Agreements or dealings with suppliers . You are in the beginning and you do not have much to offer, but your suppliers are also interested in growing professionally to have another client insured. So you can get to the beginning of deals or agreements with them, providing them with direct services instead of money in exchange for their merchandise, or setting another time of exchange that does not mean you spend more money.

5

Franchises If you have a business idea and own a capital saved, but not enough to make all the necessary investment, you can always resort to a franchise that gives you everything done in exchange for an initial outlay. The amounts vary greatly depending on the type of business and the size of the company, but it's all a matter of asking. You can orient yourself a bit by doing a search on Google.

6

Advertise on the Internet . Take advantage of the great power of social networks to publicize and reach a large number of people with a very small investment. Currently almost all social networks have tools to advertise directly on them, like in the Google search engine. Take advantage also to improve the positioning of your website in search engines with SEO techniques (Search Engine Optimization) and publish updates and offers in the profiles 2.0 of your company.

7

Seek external financing. If you do not get the savings you can try your luck with the bank, although if the credit does not flow as it should, you can always turn to family or friends, or find partners for the business that provide capital. Especially if it is a company related to ICT, it is advisable to attend sectorial events in which you can expose the business idea to potential interested investors ("business angels").

8

Hiring of first few personnel . Spending on salaries can cause the business to come down in the first few months, before it becomes consolidated. Therefore at the beginning if it is not strictly necessary and you can take care of that extra workload, you can save a few thousand euros. Value well the needs of the company and the total workload, as well as the type of contract you can offer that you really need: full-time, part-time contract, with commission payments, etc.

9

Sell ​​by consignment. If you are a supplier for other companies, try to reach an agreement with your clients so that they sell the product to the final customer, charging them an amount for each sale made. If the business goes back, you can consider changing the model, selling large amounts at once, cash or credit.

10

List of fixed expenses . If you still do not get the accounts, make a list as detailed as possible of all the expenses you plan to do at the beginning and see ordering them from most to least important. Start to cross off the last ones of the list and consider yourself if the business can continue working without each item you strike, and keep doing it until you only have the strictly necessary expenses.

eleven

Choose the type of business well. There are many trades and professions in the services sector that you can exercise without hardly investing in material: home assistance, communication, crafts, cultural animation, private classes, sale of second-hand goods ... Think about it, surely there is something that you It gives good and that can also give you an economic return.