Business without of seed capital – difficult, but possible

In every person's life sooner or later comes the realization that to continue to work for someone else does not make sense, and on the contrary, it makes sense to do my own thing. Business which will generate income, and it will be interesting to do. You can buy a ready business, to come up with something new, and even open a business without starting capital. Perhaps that of our compatriot the most relevant is the last version of it so we'll talk in more detail.

The age-old question – where to start? And you should start first of all with the fact that determine for yourself what kind of service or product that you are going to release, who needs it, ie to identify the target audience, and how much for this item you can pay for it.

The Next step – market analysis. Find out who, where and at what price sells a similar product or service and on the basis of cost of your products, determine whether or not to engage in this business in this competitive environment. If we talk about the cost more specifically, it will include: rent, utilities, wages prospective employees, all applicable taxes.

And then there comes a time when you need to look for sources of financing to start a business without start-up capital.

Sources of funding

One such source can be the government programs to support entrepreneurs. For example, as we defined in the beginning, any savings to set up business there, and, therefore, the question is: how to start a business without initial capital. In this case, you can refer to the state represented by the respective funds for the support of entrepreneurial activities, however, need to consider that in your project there are a few points which have, in turn, interested the state itself. Namely: will you create more jobs and how how to replenish the budget by taxes from your work, what social activity you, as an entrepreneur, ready to take on and what benefit this will be for a specific region.

Another affordable financing option that will help to start a business without start-up capital – Bank lending. Here, as in the case of public programs, have to prove. To prove that the alleged business activity to be potentially successful, and the projected revenues will enable the costs to pay, and to repay the Bank loan along with the interest. In addition, the Bank needs a guarantee in case if with the borrower something happens, so be prepared for additional costs in the form of taking out insurance of his own life.

Another way to start a business without start-up capital – attracting co-investors. Here, as elsewhere, there are both positive moments and negative. Of course, to obtain money from acquaintances who “has entered into a share”, on much more favorable terms than a Bank, but when people associate money may collapse even the strongest of friendly Union. This is necessary to be ready, because to be a similar situation could at the most inopportune time.

The conclusion from the above: a business without start-up capital to organize is very difficult, but possible. The best option – to find a deal based solely on an idea or knowledge in a particular area, i.e. not requiring significant upfront investment.