START A BUSINESS AT LOW COST
Funding a business nowadays offer many options unlike before, and you can kickstart one with a minimal amount of capital. As low as $1,000 is enough to get your business moving – but of course it needs a lot of dedication, extra time and hard work.
Price does not always equal value. Investing heavily on image building does not always guarantee success. Cheaper alternatives also offer a good start.
Start now
To realize your business goal, start with a blueprint, and all the rest will follow—execution, legalities, designing, building and scaling.
Get the Permits
Seek information on which types of licenses and permits your small business needs in order to operate in compliance with local guidelines and regulations.
Business license, renewal fees and other requirements can be acquired for a fee but prices and other requirements may vary depending on your business location.
Create a Website and Email
A website is an inexpensive way of promoting your business, and you can hire a web designer for a nominal fee. A proper domain name, a simple and yet well-designed landing page plus a general support e-mail provide an effective means to kickstart your business.
Develop your Brand Identity
Branding is crucial in building your business. You need to present and communicate your brand in a way that is strategically aligned with your business goals and the image you want to project for your brand.
Build your team
The initial stage of your business is a time when many menial tasks need to be done. Getting assistance from qualified personnel who share your work style and goals is important. You can hire someone either on a per project, part-time or full-time basis depending on what you need to get done within a given time frame; and this will help offload a minimum of four hours each day of work.
Considering all these factors, a small starting investment of $1,000 can definitely help lay the foundations in your journey towards success and profitability.
Reference: Entrepreneur