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Monday, 2 March 2015
No Money to Start a Business? No Problem. Try These 5 Options.
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No Problem? Sure feels like a problem. But since you say it's not I guess you know better than me. The business I'm trying to get rolling is making something, but not candles or cookies. It's going to take 50 grand in tooling and materials to make the first production run. I don't think candles and garage sales are gonna get me there. So from where I sit, yeah, big problem.
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ReplyDeleteIf you want to start a business, BE PATIENT! You need to have some form of income, if you're poor, then you can qualify (depending on your state) for free service like state healthcare, food stamps/welfare, etc. and work somewhere you can earn some kind of money. Another tip would be to learn how to work on cars, you really don't want to pay $400 to some place for an alternator when the part itself only costs between $90-130 (I highly recommend ChrisFix and Eric the car guy) another thing is to limit your expenses like car payments. I drive a 2002 chevy tracker that cost a total of $2400. It runs perfectly and has no problems and I OWN IT. Write down your bills and income and always add $200 to expenses for things that just "come up". This will definitely give you a good idea of where you are at financially.
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