If so, how?
2006-07-25 15:38:24 · 22 answers · asked by jarofdirt 1 in Business & Finance ➔ Small Business
Generally, no.
2006-07-25 15:40:53 · answer #1 · answered by Anonymous · 1⤊ 1⤋
To get started, I suggest contacting the Small Business Administration Financing Page (SBA) – links below. Entrepreneur also offers a great site dedicated to money & finance – see below.
Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:
* Free Money for Small Businesses and Entrepreneurs by Laurie Blum
* Finding Money: The Small Business Guide to Financing (Small Business Series) by Kate Lister, Tom Harnish
* Financing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy
* No Cash No Fear: Entrepreneurial Secrets to Starting Any Business with No Money by Terry Allen
* Starting on a Shoestring: Building a Business Without a Bankroll by Arnold S. Goldstein
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-07-26 08:54:46 · answer #2 · answered by TM Express™ 7 · 0⤊ 0⤋
i wish i was the guy who consider 2k almost no money.
the Sba is generally a waste of time, but if you have good credit you can apply for a low-doc, you go through a normal bank, submit business plan and explain to the that you want to apply for a low-doc loan, it only takes 36 hours for approval (2wks for check) and goes completely off of your credit and character, no matter your income or cash situation (max loan 150k).
selling debt-notes is also growing in popularity, divide how much you need into reasonable amounts and offer them up to small investment groups, or area small businesses, or even your potential vendors. (an example of a debt-note would be selling a i.o.u. due in 48 months valued at 125k for 102k) - be sure to make it transferable
if your just looking for a low cost business to start (and not financing an idea) look at some of the questions ive answered in the past - popular question, but a few are janitorial, business card design, homecare. There are literally thousands you can start for approx $150 and make a very good living, but youll have to invest the work. Just try and think outside the box a little and im sure youll come up with something well suited to your interests. - Good Luck!
2006-07-25 21:22:45 · answer #3 · answered by sillyshac 3 · 0⤊ 0⤋
It will start slow. You won't have an instant impact. Do you have a business idea. Some will need more money-- if you are selling a product it will cost more than providing a service.
Good luck.
2006-07-25 15:43:25 · answer #4 · answered by Robsthings 5 · 0⤊ 0⤋
Sure you can....but it depends on what you estimate you will need to get the business on its feet.
If you need more than you have, you'll have to apply for a loan, or ask some $ family members!!
If you take that route, you're gonna need a business plan, such as detailed information on your business, projected earnings etc.
2006-07-25 15:45:22 · answer #5 · answered by bl 4 · 0⤊ 0⤋
How about an opportunity to operate your very own Internet Shopping Mall pre-stocked with 3.500 products and brand names such as Sony, Panasonic, Toshiba, JVC, Olympus, Xbox, As Seen on TV and more at wholesale/distributor pricing.
You mark up your own price - You make 75-150% profit, without ever buying products or fulfilling orders.
Special Promotion - ends on 7/31/2006!!!
Get your own complete online store package for just $29.95 a year plus one time set up fee of $20.00. No monthly charges, no hidden charges. GUARANTEED!
Just go to http://www.kkasual.com/ and click on "BuyEstore" on the upper left hand side for details.
Others store packages:
http://www.dropship-business.com/index.html?aid=152630
Feel free to contact me for more details, tips and ideas.
store@kkasual.com
Good luck
2006-07-25 17:06:12 · answer #6 · answered by Queens, NYC 3 · 0⤊ 0⤋
Before starting a business, there is one thing more important than money. It is TRUST. If your business partners/suppliers/distributors trust you, you can run without money for some time.
2006-07-25 15:44:51 · answer #7 · answered by Bogus Genius 2 · 0⤊ 0⤋
yes, it had been done before. and its happening here in singapore.try going for a course to learn how to start with little or no money. this is where you will learn the know hows, short cuts and what nots to do or not to do in your business.
2006-07-25 20:08:59 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Yes, it can be done - but you gotta put effort in to it and go out and talk to people - they won't come a knockin' on your door !! I've had great success with this one - and have been through a few before, so it's almost refreshing to be getting a weekly check!! go to www.fortknox.isafreedom.com to learn more. Good luck in your search !!
2006-07-25 16:40:28 · answer #9 · answered by Anonymous · 0⤊ 0⤋
yes u can u have to get loans and then have to find a place to put ur busieness then get more loans then fix it up then have sombody finance it then u have to finish doing business thing to it then get it inspected then open it up
2006-07-25 15:44:34 · answer #10 · answered by florida girl 1 · 0⤊ 0⤋
.Some of the biggest businesses have been started for under 2 thousand dollars.
Do your homework.
entrepreneur.com
inc.com
fastcompany.com
startupjournal.com
Those sites for starters..LOTS of info.
2006-07-25 15:40:53 · answer #11 · answered by Anonymous · 0⤊ 0⤋