Starting a Business With Little Money: A Frugal Guide to Small & Home Businesses Start-up

Posted by Adam_Gottlieb under Startups
From http://frugalentrepreneur.com 4656 days ago
Made Hot by: maplesummit on July 21, 2011 5:23 pm

Do a quick search on Google for a “small business start-up checklist” or a “guide to small business start-up” and you’ll get back many really informative articles (a few of which I will reference here). But what if in your case there is very little money available to turn your idea into a viable, operating business? Moreover, what if your available time is limited because you are trying to start your new business while simultaneously going to college or working a day job?

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Comments

Written by m4bmarketing
4655 days ago

This series should be very helpful for those wanting to start a business Adam. I like the way you start with research and development. Too often people think up a product or service and then hunt for customers, without actually seeing if there is any demand or how often people buy, number of competitors etc.

Susan

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Written by HeatherStone
4655 days ago

There are a wide variety of services you can always make businesses out of. It's best to start with your expertise. That said, you're right, Adam. Even if you have no overhead at all, marketing becomes the biggest issue. That need not be expensive either if you can put in enough time. But it can take real creativity in the beginning just to stand out.

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Written by yoni67
4657 days ago

Great series of posts today.

As far as starting a business at home, frugally, perhaps nothing neats writing...as I found out.

No real start-up costs.

A portfolio and referral base can be built up through experience.

Anybody who is good with words and putting thoughts to paper can give it a whirl. Great as a career or to make extra money and the side.

And if it doesn't work out, no real investments have been made, so nothing tangible will be lost!

Yoni

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Written by Adam_Gottlieb
4656 days ago

Hi Yoni,

True. Except there's *a lot* of competition out there for freelance writers. So to actually earn a decent income in this area, one either has to spend some time and money promoting his/her work *or* the writer has to be exceptionally talented. You fall into the second category.

Adam

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