Welcome to Admin Junkies, Guest — join our community!

Register or log in to explore all our content and services for free on Admin Junkies.

How can I start my own business without money?

You don’t always need a lot of capital to get a business up and running. In fact, sometimes you can get started with little to no funding. (Yes!) Starting a business with no money might initially seem like a far-fetched idea, but it’s not impossible.

It’s true that to start and scale any business, you’re going to need more than just extra cash flow. You’ll likely need partners, investors and a solid plan for how you’re going to use your new business funds to grow. But, when you’re just starting out, you start out small. Even better: you can start out as small as you like.

If your plan is to open up a storefront where you sell your hand-crafted wares, you can always start by selling them to friends and family. You can build up a reputation and get initial feedback. Then, you can sell them on a third-party website online. After that, you can move on to hosting your own site and store. You get the idea.
 
Advertisement Placeholder
Ask your friends and family for extra funds
Remember, you’re not asking for charity. You’re not asking your friends and family to support your wacky business idea. No, you’ve got a dream of a business and your business plan is solid. You’ve crossed your t’s and dotted the i’s
 
I started a business with no money (better said, it only costs the social security monthly fee) because it's not a commerce (I don't buy wholesale goods to after sell retail mode, but services offering knowledge based). I don't need any physical space (before coronavirus, as offline teacher, I used my house or my student's house), so I don't have to pay rent, taxes and bills related to a physical office. I only need my notebook and sometimes my mobile. And I would need my same notebook even if I wouldn't have my business. In any way, I understand it's an unusual circumstance, as the majority of businesses really need a certain amount of money to start.
 
While marketing has gained notoriety for being extravagant, there are really a huge load of truly successful strategies that can be performed with just a venture of your time. Online media advertising, SEO and substance showcasing all fit inside this class and, truly, those are actually all you require. Business visionary has an extraordinary determination of how to books and online courses that cover this subject.
 
You don't need money to become a small business owner,The first step in starting a business with no money is to keep your current job and launch you small business as for now,a side pursuit then developing your business plan and analyze your consumer base, market,and potential challenges near the final stage of his planning,you'll better understand how much money you need to start your business,You can find his money through crowdfunding platform and investors.consider taking out loans only as a last resort.
Therefore, you still need money to do business. You said keep the current job and launch a small business for now, meaning from the salary you earn from your job is the one you used for your small business. Sorry, but I disagree with your statement that even small or small businesses need capital to get started.
 
How To Start A Business When You Have Literally No Money
  1. Ask yourself what you can do and get for free. ...
  2. Build up six months' worth of savings for expenses. ...
  3. Ask your friends and family for extra funds. ...
  4. Apply for a small business loan when you need extra cash. ...
  5. Look to small business grants and local funding opportunities. ...
  6. Find out about—and woo—potential angel investors.
[automerge]1612139701[/automerge]
How To Start A Business When You Have Literally No Money
  1. Ask yourself what you can do and get for free. ...
  2. Build up six months' worth of savings for expenses. ...
  3. Ask your friends and family for extra funds. ...
  4. Apply for a small business loan when you need extra cash. ...
  5. Look to small business grants and local funding opportunities. ...
  6. Find out about—and woo—potential angel investors.
 
The first thing is that you can't start any business without money because you have to have a product that you have to sell, then you need money to buy it.Yes you can contract with companies that I will pay on this date, this way you can sell the products and pay.But I strongly oppose starting a business with a loan
 
There is absolutely no way one could start a business without money, it's impossible. Unless you are talking a bout rendering a skill and getting paid. Which is what I'm currently doing to earn a living and I believe I would be launching my own business anytime soon.
 
If you want to start your own business without any money then you need to gather information about the business you want to do and search well and find out about it. Find out everything then you can make a huge profit and work in that business. you can go anywhere and work on this business with a partner and at the same time you can do this business. You can start your own business after you get a good analysis.
 
There is no way you can start up a business without money because money comprises of 80% of all business and you need money to set up everything that you will use to operate the business ,so how will you do in this thing then? I don't think there's any business you can do without money.
 
But here, most people catch a cold, they realize that it costs money to start a business that they do not have. Still, consider: Loans, grants, and other fundraising options, such as spell deposits, are available to you. So money is not a good excuse not to start a business. And, beyond that, there are certain types of businesses that you can start without any cash. It depends upon you now, that you start it or not?
 
From my angle, there is totally no way to begin a business without capital. No matter the simpleness of the business, it requires if not much, something to invest as start up capital. I don't think a business can commence and survive without capital.
 
It all depends on the kind of business you are venturing into. Some business need a lot of money to start while some doesn't require much fund. The first step of starting a business without funds is actually to tag yourself into something or work that can help raise some funds and u make some savings when doing that work.. After raising some funds and with the idea you have on soluch business, you can start the business. Then you try and grow the business to where you want them to be
 
You can start business without having money if you get business idea and you are so fortunate that someone that has money agree to partner with you in executing the business that is any profit comes out from it, two of will be sharing it. Thereof, no doubt you are now business owner.
 
all business needs investment .. and starts small .. can start a business even if small investment just need perseverance and diligence .. when you do business expect that you will be lost once.
 
Having to start a business that will not require capital will depend on the kind of business if its going to be a business that is dependent on a skill that you already possess then it may work but where it has to do with production or rendering special class of service then there must be a startup equity.
 
You don't need to have money as you want before starting your own business, the fact is that you should be a worker of not earning as expected it should be small and there you put up your small business where you can get as little profit there , you can be a business man with even the knowledge you have.
 

  • Ask yourself what you can do and get for free. ...
  • Build up six months' worth of savings for expenses. ...
  • Ask your friends and family for extra funds. ...
  • Apply for a small business loan when you need extra cash. ...
  • Look to small business grants and local funding opportunities. ...
  • Find out about—and woo—potential angel investors.
 
  1. Ask yourself what you can do and get for free. ...
  2. Build up six months' worth of savings for expenses. ...
  3. Ask your friends and family for extra funds. ...
  4. Apply for a small business loan when you need extra cash. ...
  5. Look to small business grants and local funding opportunities. ...
  6. Find out about—and woo—potential angel investors.
 
There is absolutely no business you can start without capital. Even if you decide to pick up a skill you will need a little capital to establish your skill. Absolutely no business at all every business idea now requires a capital. Although some will require a little over others.
 

Log in or register to unlock full forum benefits!

Log in or register to unlock full forum benefits!

Register

Register on Admin Junkies completely free.

Register now
Log in

If you have an account, please log in

Log in

New Threads

Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
Win this space by entering the Website of The Month Contest

Theme editor

Theme customizations

Graphic Backgrounds

Granite Backgrounds