How to Start a Business With no Money

Starting your own business is a dream that many people have. However, few follow through on their impulses to start a business because they think that they don't have enough money to start a new venture. With the advent and development of Internet commerce, starting a business can now be done with little or no money. Read on to find out how.

Things You'll Need

  • Business plan template
  • Your own business equipment

Instructions

    • 1

      Evaluate what skills, equipment and assets you have already that you can use to start a business. For example, if you have a computer, Internet access and writing skills then you can start up a freelance business with little or no money.

    • 2

      Determine what type of business you want to start. Take into consideration your interests, your current skills, how much time you want to spend on your new business and what types of businesses you can start with no money.

    • 3

      Research your business options. If you are interested in online businesses then you may want to look at freelance art businesses, freelance writing businesses and freelance data entry businesses. If you have your own office equipment, and if you have bookkeeping experience, then you can set up an outsourcing secretarial service.

    • 4

      Scan through your Sunday classified ads for companies that are offering telecommuting positions. This is a great way to make business contacts and to get your home business off the ground.

    • 5

      Read through online job listings for telecommuting positions or consulting positions. Sites like "Craigslist" and "Monster" are both great places to find job opportunities.

    • 6

      Create a business plan to help you organize your business and create goals for its future. You can download a business plan template free online. Use this as a guide to help you create your business's business plan.

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