Online, you’ll find a lot of startup articles claiming you can set up a company with no cash in your wallet. While this might be true for some business ventures, it isn’t the case for all of them. In certain situations, you will need capital. For instance, if your business requires a physical address as an office or factory, you’ll need to buy or rent. You can’t do that without capital or a loan. Either way, it’s going to cost you. You might think that if you can get a loan, you can still set up without any money. While that’s technically true, you are going to have to pay it back. Essentially, you’ll be starting a business already in debt. When you’re on a path like that, is it any wonder that most new businesses fail? Instead, we think you should be looking at companies where money isn’t necessary straight out of the gate. Here are some of the best ideas.
If you love working out, you might want to think about incorporating it into your career. For instance, you can start a personal fitness business. Do you need money do this? Not at first, no because your ultimate step will be setting up an online profile. This will turn this idea into a brand that you can sell on, and that’s exactly what you want. Once you have done this, you may think you’ll need to rent out a studio to complete your training. But actually, if you’re bold, you could run a class in a public place. You just need to ask permission and check how many people will be in the class. It’s worth doing this if you live in an area where the weather is always sunny but not so hot it’s impossible to work outside. Once you start gaining attention, you can move into a studio on a more permanent basis. To get started on this career, have a look at some fitness courses online.
E Commerce Agent
How about just getting into sales? If you want to start a business selling products, it’s worth looking into wholesale. With wholesale products, you can buy in bulk and then sell it on at a slightly higher price for a fair profit. To get started here, you’ll just need a supplier and a way to sell. Now, we know what you’re thinking. Surely to get the products you’re going to need to buy them with…money! Yes, that’s true, but first, you can sell things that you already own. We’re not talking about items that are valuable to you or that you want to keep. We all have items in our lofts and attics that have no personal value at all. Sell them on and then use the money you make to invest in wholesale. You don’t even need a website setup. You can just sell on eBay. But once you reach a high enough level of success, be prepared for the company to take a cut of your earnings.
Perhaps the ultimate business that doesn’t need any capital is blogging. Is blogging a business? Top pro bloggers earn thousands every week, so you tell us? To get started, you will need to build a profile and recruit a following. These individuals need to be invested enough in what you offer to follow your blog religiously. Once that happens, you can build up your reader numbers and eventually you’ll start making money. It really is that simple.
You see, there are plenty of businesses you can start without the risk of financial loss. Why not give one a go?