BUSINESS WITH MINIMAL INVESTMENT IS POSSIBLE?
Many people dream of starting their own business. The reasons why projects remain unfulfilled are varied. But one of them is known to almost everyone: limited funds. Decide which business with the minimum investment of money you can open using one of the packages: “From scratch”, “Minimum” and “Minimum +”.
PACKAGE “FROM SCRATCH”
This is a package for those who, having certain professional skills, decided to sell them not to the employer, but to their client directly.
As part of this package, the work is usually done by the business owner himself, at home ( baking cakes to order ), or on the road at the client’s ( setting up a computer network ). The advertising channels are word of mouth, the publication of advertisements on free resources in local media and the Internet, and social networks.
It is easy to open a business in the service sector with almost minimal cost. Here are some examples:
- organization of holidays,
- tutor services,
- transportation by own transport,
- provision of mediation services.
The package is intended for those who grew out of the “From scratch” package and decided to develop their business further. For example, you were an intermediary in the purchase and sale of apartments, and now you are creating your own real estate agency.
This is a package for the owner of small start-up capital, which can be spent on an initial contribution to enter the business (to become a distributor of a network company ), to purchase the services of professionals (opening a translation agency, entrust the creation of a business card website to a specialist), to purchase materials (fabric when opening a workshop for sewing children’s carnival costumes ).
It is necessary to provide for the costs of renting premises, office equipment, development and publication of advertising materials. You may need a hired employee who you will pay by receiving prepayment for the provision of services.
PACKAGE “MINIMUM +”
A package for those who, with the initial capital, are thinking about their own small production, shop, beauty salon. As you review the capabilities of this package, please note that
- it is easier to create a small business in a small town because there are cheaper labor, lower rental prices, inexpensive advertising;
- organizing a franchise business will significantly reduce your costs for developing a business structure and promoting products/services;
- when opening a company store, the company provides an additional discount to wholesale prices, can pay for the delivery of goods, advertising signs.
In this package, a business with a minimum investment of money involves costs not only for registering a company, maintaining premises, but also for certification and licensing (if necessary), purchase of equipment and raw materials, and labor costs for personnel.
When thinking about what kind of business to organize, be sure to write a business plan, get to know your potential consumer, analyze the market, study the work of competitors. Then your efforts to build a business with as little money as possible will yield maximum results.