How To Start A Business With Zero Capital

By - - [ Business ]

It is not new that there are businesses you can start off with little or no capital. First off, you need to do the following in other to achieve such:

Devise a Service-rendering Business Model:

In this phase you need to brain storm on the different business ideas that would involve people paying for your direct services. If you are a startup, you do not necessarily need a huge work space to start off your business. You could start on a small scale or even from the comfort of your homes depending on the nature of the work you are going to.

Family and Friends:

You could also get your family and friends to help you out with the promotion of your business on their various social media platforms. With this you would get a great deal of audience and probably clients.

Proper Payment Policy:

In this area, every start-up should ensure that they have a functioning and reliable payment system, do not adjust your payment system because of just one client because the person might use it as an opportunity of owing you. Remember that in the end, it is not your payment system that would make them come back but rather your services would.

Avoid Unnecessary Expenses:

In every start-up, it is usually advisable to create a personal relationship with a well-known vendor or professional so that when you want to start up your own business, he/she would would input in your business at little or no cost. On the other hand, most people would want to start up on a big scale when they do not have enough capital to do so. It is usually advisable to start with what you have and avoid unnecessary loan taking, use the funds you have available judiciously by purchasing the important things you need for the business.

 

If there are other important points on how to start up a business with little or no capital. Drop your comments.

How To Start A Business With Zero Capital - By Divine Ejim - 2019-08-19 17:19:56

Social media is one of the best way to start up a business, because the future is internet 

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How To Start A Business With Zero Capital - By Obaji ifeanyichukwu - 2019-08-19 17:30:42

Starting up a business is quite a bit expensive here in Nigeria but those amazing points mentioned above would be used to start a business without capital

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How To Start A Business With Zero Capital - By Idris Kemi Owolabi - 2019-08-19 17:48:14

I would advice anyone thinking of starting a business shouldn't start a business with a LOAN .. A lot of people has ruined into debt starting their business with loan.. They should consult expert or someone that have better knowledge about the business

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How To Start A Business With Zero Capital - By Chukwuemeka Ekelaka - 2019-08-19 18:42:17

Also in the long run one should also opt for skill acquisition programs,especially the no money down programs.No harm in getting free trainings especially as a committed entrepreneur. 

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How To Start A Business With Zero Capital - By Ibraheem Danteni - 2019-08-20 08:52:03

In Nigeria starting business is very expensive and its hard to start business with or without capital, but to my own knowledge starting business with little capital or none is posible, by marketing product of other company and get paid for any product purchased by you, or became a freelancer 

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How To Start A Business With Zero Capital - By Michael Ekhafe - 2019-08-20 09:12:34

This is a good write up. Only if someone is sincere and honest 

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How To Start A Business With Zero Capital - By Roland Chima - 2019-08-30 06:41:46

In Nigeria starting business is very expensive and its hard to start business with or without capital, but to my own knowledge starting business with little capital or none is posible, by marketing product of other company and get paid for any product purchased by you.

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How To Start A Business With Zero Capital - By Maxwell Marcus - 2019-09-11 21:58:43

Taking money out of your business regularly to buy things for home us will crumble your business. Insead pay yourself a certain amount of money just like you pay your worker. Reinvest your Profit to the business to help it grow.

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How To Start A Business With Zero Capital - By Abdullahi Nurudeen Olayiwola - 2019-09-18 15:13:42

Nigeria starting business is very expensive and its hard to start business with or without capital, but to my own knowledge starting business with little capital or none is posible, by marketing product of other company and get paid for any product purchased by you, or became a freelancer long run one should also opt for skill acquisition programs,especially the no money down programs.No harm in getting free trainings especially as a committed entrepreneur. 

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