I have had my business open since February, 2008. One thing I have seen very often is people with great ideas and little courage or motivation.
Start your business now. Most of the time I ask the person: “why not start your own business?”, and the most common answer is: “I don’t have the money to start!”. I do understand that some businesses needs a good amount of money as an investment to get a structure built, or inventory bought in order to successfully have a great start. But a lots of the ideas that I have encountered, all you need is a couple of tools and courage.
-Lets talk about tools:
Tools for a small business you can get for free often on the internet, specially at the age of technology that we live in, where all of the best tools are available in our phones through apps or free softwares. So that excuse is out of the way, what else?
-lets talk about Money?
You can either start a small business with a very small amount, just enough to get what you need to start providing a service. Need a little more, no problem!, if you have the option to borrow some money from friends or family, after a successful start, you can repay it back in no time.
I personally work better with examples, so let me illustrate one for you:
Cindy has a great skill set which is baking sweets. How can Cindy start her business from home and grow into a successful business?
As far as tools, she has most of them at home and if there is anything missing, I’m pretty confident that she can buy it or borrow for a little while.
Ok, she has the tools, what about the money? All she needs is materials, let’s say that she goes to the supermarket and gets the materials. Let’s says that she was able to buy the basic materials for less than $20 dollars
How can she sell her baked goods? There are actually a couple of options. According to the cottage food legislation, you can sell home based baked goods as long as it is sold directly to the consumer, but there are places such as farmer’s market that you can actually sell in your stand with a limitation of $15,000 anually in gross sales.
So basically at this point, with less than $20 dollars, you can start baking some goods and telling your friends to come try and buy them. Post them up in your social media telling people that you are now open for business.
Little by little you will save some money to invest in you business and grow it into a bigger and better bakery shop. I know it is not as simple as I make it sound, but it is not as complicated as we always paint it to be.
I can talk about this all day, and if you need help with ideas and how to start now, call me and I will be glad to help.