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Funding a business
How You Can Begin A Business With Little Capital
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[QUOTE="King bell, post: 336900, member: 75687"] It is definitely possible to start a business with little capital, and many successful entrepreneurs have done it. Here are some strategies that you can look into. 1. Begin with an excellent business plan: This will help you clarify your target customers, revenue sources and even goals. Besides, it will make you see the cheapest ways to launch and expand your business. 2. Bootstrap and be resourceful: Resourcefulness is key in this case because you should always try to cut costs wherever possible. Among other things, these may include working from home, using free or inexpensive tools and software programs or leveraging your existing network for support in form of partnerships. 3. Focus on the core offering: What are the most important parts of the business that the value must be delivered to customers? By focusing on these only, you shall minimize expenses while preparing your enterprise for future development. [/QUOTE]
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