How to Start a Business With No Money
Maybe you’ve heard the saying, “It takes money to make money.” But what happens when you don’t have much of it to begin with?
While the saying is generally true, it’s not as black and white as you might think. You can absolutely start a business with no money—as long as you have some patience, resourcefulness, and savvy. The capital you need at the beginning will also depend on the type of business you’re trying to start.
In this article, we’ll explore some of the best low or no-capital business ideas, how to create and launch your new business, and how to generate the funding you need to grow.
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How to start a business for free in 6 steps
1. Find no-cost business opportunities
Of course, some business ventures will require a lot more money upfront than others. We’ve put together a list of ideas that require little or no capital. Hopefully one of them will get your gears turning.
Create a service business
Do you have certain skills, talents, or specialized knowledge that you can capitalize on? What about things you wouldn’t mind doing for a living? Try selling …