Business

Business without Money

Business without Money

To start a business, the main business cue is a fruitful business idea and money investment. But the ‘money’ become the fact of failure since enough cash cannot be obtained or the intimidating way of collecting money become the obstacle. But there is some way to find the solution and become successful. People can start a small business and can make it without or a very little amount of money.

Business without or with Very Little MoneyIn this way, they need not to go to instigate bankers, relatives or investors. Some effectual business strategies can skip up the necessity of money at the start. Some selling or marketing strategies can make it possible to avoid the use of money in the very starting point or, business plan model showing some catchy effective points to be successful, can encourage customers to pay in advance or, business deals of arrears pay with buyers can make a way of minimizing investment at the start. Now, we should go for explanation of thesestrategies. If we take the point of ‘pay in advance’ strategy, we have to agree that it become a popular and quite widely used strategy. From the history, we get its success stories. For example, kitchen designing- who wants to redesign his kitchen, have to pay, at least half the charge, in advance. Another example is ticket purchasing- company takes advance charge of ticket. Successful business like Indian travel industry by Bangalore’s Vinayguptaand banana republic by Mel and Patricia Ziegler are efficient encouraging example.

Business without or with Very Little MoneyNow, showing subscription model, money can be collected before delivering products. It also become very effective way. It just need to work with slaughterous product like vegetables, shoes, etc. Another fruitful way is acting as middleman using website between buyers and sellers. It also become very much popular and prolific strategy, now a days. One of the useful strategy is setting deadline for every product so that selling has been completed before paying suppliers. Working as service partner of a business or giving service and then transform the service to a business is another successful strategy. The most popular Microsoft office company became successful using this strategy. So. One can be successful businessman without money using these strategies.

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Business
@iMZahidIqbal @iMZahidIqbal

Writing about developing World technologies and entrepreneurship. Associate at Microsoft BizSpark & International Development Innovation Network. Follow me on Twitter and Facebook.

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