bootstrap finance + other ways to start business with not much money

1. How to start a business with not
much $$$
By Robin Low

2. Finding large funds is hard

3. Yet every project needs money

4. How to fund it yourself?

5. 1) Pre-payment
• Collect $$$ before making product.

6. 2. Sell cheaper alternatives to raise funds.
• Sell an item related, but lower cost that you
can afford. Use profits to slowly buy actual
products

7. 3. Profit Ploughback
• Start small, use profits generated to buy
more and scale up.

8. 4. Consignment
• If you are getting products, it is possible to
sell first and pay manufacturer after the sale.

9. 5. Leasing
If you need own equipment, you may consider
leasing instead of purchase, especially if there
is a maintenance built in lease package.

10. 6. Trade Credit
• If Consignment is not available, trade credit is
the next best thing, where you get the
products first and pay back 30, 60 or 90 days
later.

11. If possible
• Avoid the Need for Financing
• Avoid the Need for Funding