Business without starting capital is difficult, but you can

In the life of each person sooner or later comes the realization that continuing to work for someone does not make sense, and on the contrary, it makes sense to do your own thing. A business that will bring income, and which will be interesting to deal with. You can buy a ready-made business, come up with something new, and even open a business without starting capital. Perhaps the most relevant for our compatriot is the latter option, so we'll talk more about it.

An age-old question - where to start? And you need to start, first of all, with what you need to determine for yourself, what service or product you are going to release, who needs it, i.e. Determine the target audience, and how much for this product you can pay.

The next stage is market analysis. Find out who, where and at what price sells a similar product or service, and, based on the cost of your products, determine whether it is worth doing this business in this competitive environment. If we talk about the cost price more specifically, it will include: renting a room, paying utility bills, wages of prospective employees, all necessary taxes.

And further there comes a point when it is necessary to search for sources of financing, allowing to start a business without starting capital.

Sources of financing

One of such sources can be government programs to support entrepreneurs. Suppose, as we have defined at the beginning, there are no savings to open a business, and, therefore, the question is: how to start your business without starting capital. In this case, you can turn to the state in the person of the corresponding funds for supporting business activities, however, one must take into account that in your project there are several moments in which the state itself is already interested. Namely: will you create additional workplaces and how much, how much will the budget replenish with taxes from your activity, what social burden are you, as an entrepreneur, ready to take on and what will be the benefit of this for a particular region.

Another affordable financing option that will help start a business without starting capital is bank lending. Here, as in the case of state programs, will have to prove. Prove that the proposed business project is potentially successful, and the planned income will allow you to pay costs, and return the loan together with interest to the bank. In addition, the bank needs guarantees in the event that something happens to the borrower, so be prepared for additional costs in the form of insurance for your own life.

The next way to start a business without starting capital is to attract co-investors. Here, as elsewhere, there are both positive moments and negative ones. Naturally, it is possible to get money from acquaintances who have "entered a stake" on much more favorable terms than in a bank, but when people are connected with money, even the strongest friendly union can collapse. To this, one must necessarily be ready, because such a situation can arise at the most inappropriate moment for this.

The conclusion from all of the above: a business without starting capital is very difficult to organize, but possible. The optimal option is to find a case based solely on an idea or knowledge in one or another sphere, i.e. Not requiring significant initial investment.