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Business strategy
Low cost ways of starting up a business
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[QUOTE="Holicent, post: 260990, member: 76163"] There are many low cost ways of starting up a business. However, before you can decide on the best one for you, it is important to consider what your requirements are and how much time and money you are willing to spend. A business plan is very important as this will serve as a business map. Here are some low cost ways of starting up a business: 1. Start small - The first step is to start small. You can start with just one product or service and build from there. For example, if you want to sell food products, then you can start with selling eggs or soft drinks in the morning and then expand into other areas later on. 2. Lease an office space - If you don't have any money to invest in buying property or renting an office space, then leasing will be a good option for you as it will allow you to save money by paying only for the space itself rather than for the building or land underneath it. You can also choose locations that are close to where people live so people can easily walk there from their homes instead of having to drive all the way there every time they need something done at work or at home (like having meetings). It will also help save time as well. [/QUOTE]
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