Many great business ideas never came to fruition just because their author did not have the funds to start a business. If you are in such a situation, do not be discouraged: you can open your own business without your own capital. For example, to attract investors or take a loan from a bank, borrow money from friends, or open a business that does not require capital investments, so that later on from it, create and develop the business of your dreams.
Instructions
Step 1
The most common way that most people who need money for a business resort to is to find acquaintances from whom they could borrow that amount. This method has its pros and cons: of course, borrowing from friends is easier than from an investor, because they are unlikely to thoroughly study the business plan, however, if you cannot give them money on time, you will lose both business and good ones. acquaintances.
Step 2
If you are thinking about attracting an outside investor, you need a well-written business plan. The investor's goal is to make a profit, which means that you have to prove to him that the business will work and be profitable. According to statistics, only 10-20% of startups (young enterprises) "survive", so it will not be easy to prove that you will definitely fall into these percentages. If you've never made up a business, how to do it right. Or, order a business plan from the specialists in their preparation.
Step 3
Some aspiring entrepreneurs prefer to apply to the bank for funds. The complexity of this path lies in the fact that banks, as a rule, are not inclined to give loans to start a business, they are ready to lend to those who have been running it for at least a year. Therefore, contacting a bank is more profitable for those who are already successfully running a business and need new ones - for its development.
Step 4
You can also start a business without investment, with the goal of earning money to make your dreams come true. There are not so few ideas that can be implemented without much investment. These are various Internet projects, business for creating websites, etc. Having worked on such a project and having received a certain profit, you can sell it and use the capital received to create and promote a new business. The advantage of this winding path is also that you will already have experience in running your business.
