This document provides guidance on starting a successful small business with little money. It outlines that one can start a business using resources they already have like a computer and website. It recommends choosing a niche you are passionate about. Additionally, the document discusses funding options that don't require loans like affiliate marketing and special grants for certain groups. With as little as $30 and the right preparation, the document suggests one can start and grow a small business.
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How to Start a Successful Small Business Even If You Don't Have Much Cash
1. HOW TO START A SUCCESSFUL
SMALL BUSINESS EVEN IF YOU
DON’T HAVE MUCH CASH
Basics for Beginners
2. INTRODUCTION
There are a number of ways to start a small
business even if you don’t have a lot of spare cash.
If you’ve been dreaming about owning your own
business but don’t think you can afford it, think
again!
With a bit of clever resourcefulness, you can start
and grow your business for less than $30USD.
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3. THE BASICS
You can start by using what you have
You can then continue fund your business the
boot-strapping way
There are also many ways of raising capital using a
variety of techniques. Getting the money you need
might be easier than you think, and does not have
to involve begging the banks for help
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4. TAKING ACTION
The important thing is to take practical action
steps to start your business and get the money
you need to grow it
You will need:
A website (free, or hosted with a hosting service)
A computer
Some basic software
You probably have all of this already. So now you
can start making the most of it
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5. TAKING ACTION 2
The important thing is also know what common
mistakes to avoid that might stand in the way of
your dreams of owning your own successful
business
It’s never been easier to start your own business
online
But first, you need to choose the right niche or
industry that you will love working in for many
hours as you start and grow your business
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6. BUSINESS MODELS
There are a number of business models to choose
from:
Sole proprietorship
LLC
C-Corp
S-Corp
Knowing the difference can mean a lot of time and
effort and money saved
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7. CREATIVE FUNDING OPTIONS
All you needs is $30USD to start a site and even
get email marketing for the first month you are in
business
But if you need more money than that and don’t
want to bootstrap, there are a number of ways to
fund your business, and not all of them involve
bank loans or pitching to venture capitalists
You can use one or more of the options we discuss
to push your business forward
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8. COMMON ERRORSTO AVOID
In the eagerness to start your own business, it’s
easy to make mistakes
There are many things small business owners wish
they had known, or done, when they were first
starting out
The most important considerations are legal and
financial
Separating yourself as a person from your
business is the best way to protect yourself
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9. AFFILIATE MARKETING
Still sitting on the fence about starting your own
business?
Or still don’t think you have the money?
Or maybe you have doubts about your market, or your
ability to run your own business well
In that case, why not start out with affiliate marketing
and earn commission selling high-demand products
for others?
It’s fun and fascinating and can teach you a lot about
the niche you wish to work in
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10. SPECIAL CONSIDERATIONS
There are some special considerations that might
make you eligible for funding
Women
Minorities
Rural Businesses
Those who want government contracting work
Can all get special considerations if they file
properly for them
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11. CONCLUSION
Owning your own small business can be a dream
come true, or your worst nightmare if you don’t
set it up properly from the start
Learning all you can before you make the leap
means you can give yourself the best chance of
success, without huge amounts of stress
Even if you don’t have much cash, you can start
your own business
Choose your niche and learn all you can and you
will be amazed at how fast you can grow
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12. FOR MORE INFORMATION,VISIT:
http://eternalspiralbooks.com/start-a-successful-
small-business/
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