How to Be a Businessman Even With No Cash
There are millions of small businesses that are now registered across the country. If you ask them many of them would answer that they like being their own boss which is why they got into business. Because their business is theirs they are the ones who are able to decide on everything that concerns it. They dont have a boss to submit to that is why they enjoy full freedom in the conduct of their business.
Now you maybe dreaming of leaving your desk job and being in full control too by putting up your own business. It is a fact that most businesses would require start-up capital in order to be started but there are things that you can do to be able to start a business even with no cash. Below are some suggestions that you can take on how to start one with no money.
Choose a Business Idea That Has No or Little Start-up Cost
If you are willing to search hard for it you can a lot of example of businesses that dont require money or just a few money only. You will find some of these business ideas below.
*Door to door car washing
Ask for Start-Up Capital From Family and Friends
Another thing that you can opt to do if you really believe in your business and you need money to get it rolling is to ask of it from your friends and family. Of course not everyone likes this idea. If your family and friends believe in your business idea as well and you have shown them a detailed plan on how you will make it successful then you may get money from them. But you have to use well the seed funding that they are willing to give to you so that your relationship with them will not turn sour.
3. Look For Commercial Loans
Now if you dont want to bother your friends or family for investment money then the next thing that you would have to do is to take out commercial loans for your business. Now when it comes to commercial loans there are actually different sources of it that you can apply from. If you read further you will find some examples of commercial loans.
1. Banks and Credit Unions
If you look for it you would find that a lot of people apply for commercial loans from such institutions. If you want this option then you need to research about their interest rates to see which one is the most favorable for you.
2. Online Commercial Lenders
Among the things that one can do now online one of those is getting a loan. You can find these online companies that give out loans.
3. Peer to Peer Lending
These are loans from everyday people who have pooled their money together to be able to give out loans.