Carpon
Valued Contributor
One very important aspect of starting up a business is the capital aspect. You can never begin a business when you do not have the funds to start it up and equip it with all that is necessary and required to kick start.
So when one has no Personal funds whether from savings or whatsoever, it does not mean that he or she cannot go into business. Here are some thoughts of mine on how to go about starting a business even when you are on zero cash.
✓ First to source for capital, there are a couple of means that can be followed viz
✓ After that is in place, the next thing is taking up your brilliant business idea and executing it wisely.
So when one has no Personal funds whether from savings or whatsoever, it does not mean that he or she cannot go into business. Here are some thoughts of mine on how to go about starting a business even when you are on zero cash.
✓ First to source for capital, there are a couple of means that can be followed viz
- Getting a loan from banks or private individuals. Sometimes even relatives and friends can give you a loan to use as a start up capital.
- Appealing can also be a good way to source for capital. You can appeal to charity organizations, the government and other well to do individuals for support.
✓ After that is in place, the next thing is taking up your brilliant business idea and executing it wisely.
