Owning a business is not merely about wealth. It’s even farther which is a way to pursue your dream and future investment. This way is actually not the easy one, but you still can learn it especially those who own less capital. There are some tips how to start make own business with no money. Be that thrifty entrepreneur who know how to manage a business with no money below.
Find a Way to Build Skills Cheaply
As it’s necessary to have skill for business, entrepreneurs should have something they are good at. But for those who have lack skill as well as money, it might be really difficult. You actually don’t need to worry anymore. It’s because you still have a time to follow some tips how to start make own business with no money. Just relying on a brilliant idea sounds useless if you don’t have skills. You can try internship or scholarship with a subject that can develop your skill
Use Existing Assets
Besides improving your skill, you have to think about the place for your business too. But you don’t have to rent expensive shop house. By using space in your home, you still can do business process. Remember that big company starts their business from zero. If you want to follow their success, of course you will do the same. So using existing assets will be a good decision. Whether it’s your car or garage, you can use them to support the business.
Employ Small Numbers of People
The next focus how to start make own business is about employees. Since you own less budget, it’s impossible to hire more than your capacity. We know that hiring professionals or staffs will cost quite expensive. So, employ them in the smallest number could make your business safe. Then when you can improve income, you can hire more.
Start Using Social Media
From the marketing side, social media could be very effective for your own business. You really don’t need expensive strategy if you can use it well. Begin it with creating Facebook, Instagram, or other platforms. Anytime you have new products, you can share it through your social media. Make sure that you create persuasive words or images to to attract people.
Get Loan from People around You
Last but not least, if you still don’t get the idea where can you get loan, you can ask people around you. Whether it’s your brother, sister, or relatives, you can ask for loan. However if you are hesitate, you can tell your idea and offer business partnerships.