by Larry Slusser on February 19th, 2008
Businesses do not usually fail due to a lack of a business plan or incompetent management. It is usually due to a lack of capital. Of course you can start a business with little cash; however, there are some challenges you will be facing. Below are some of those challenges and suggestions on how to be successful without a lot of capital.
First, choose carefully a business where you do not have to invest a lot of capital to get it started. Obviously a franchised business will be out of the question. Be realistic about the type of business you... Read more »
by Rebecca Button on December 10th, 2007
Have you heard the term "bootstrapping" and always wondered what it was or how to do it? This article explains it all!
Bootstrapping Your Small Business
Read more »
by Danny Brown on December 10th, 2007
One of the hardest things for any small business is controlling the finances, and for start-ups or recently established businesses, this is even more true. This is where bootstrapping can make all the difference, and if you’ve never heard of the term, you’ll wish you had earlier when you see the savings it can make your business.
If you haven’t heard of bootstrapping, it’s fairly straightforward – think of it as the equivalent of making your business successful with very little cost involved. In this respect, it could be seen as “pulling up your socks, strapping on your boots and... Read more »
by Veronica Stone on November 9th, 2007
One of the main deterrents to potential entrepreneurs is cost. You might be reasonably certain that you can build a business that is destined to succeed, but the fear of start up prices is enough to keep you toiling away at your 9 to 5, always dreaming of the way your life could be.
You might be surprised to learn that there are a fair number of businesses that can be successful without costing you an arm and a leg. There are more opportunities than can possibly be listed; in fact, we are pretty sure that in the time it... Read more »