Is it possible to start a business without money or collateral?
Anything is possible and most companies were started from someone’s ideas written down on paper and financed by those who saw merit in the plan. Still, realism is important. This depends a lot on the specifics of the business. Some businesses are relatively easy to start without start-up funds, some virtually impossible.
I think you need to match your ideas to reality. Millions of service businesses start without money or collateral. These tend to be consultants, graphic artists, accountants, and other professionals. You have a skill that other people need, you have potential customers, take a job, and get started. Twenty years ago I started my business plan consulting business without money or collateral, just a skill, contacts, and the will to do it. You probably know several people who have done the same.
On the other hand, some businesses just don’t happen without start-up money. For example, you may want to develop and produce some electronic item that the world needs, but for that business you’ll need money for designers, software engineers, hardware engineers, prototypes, testing, packaging, and lots of other start-up costs.
Even on a smaller scale, few restaurants or retail stores start up without money to pay in advance for the location, fixtures and furnishings, signage, and so on. In these cases, you don’t necessarily have to have the money and collateral yourself, because for a good business the idea is that you raise the money from other people who want to participate in the upside of the investment.
That’s what this whole site, Bplans.com, is about: developing the business plan and raising money.
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I want to start an energy consulting co.Are there any tips for getting my name out, gettint equipment, etc..
that you could offer
Im planning on starting my own clothing line bt dont know how to go about starting it.the only problem i’ve got is i don’t have funds
I am a business major at PSU and i have a business idea. I don’t know how to start the business because i don’t have any money to start with. What should i do?
I have 25 years of knowledge along with a machanic to service and sale Industrial Plural component spray equipment up and down the west coast of United States, if you understand the industry the VOC(volitile organic componds) regulations will be requiring more and more of this service, the market is filled with state of the art equipment and no one to train, service or consult with, with any real application knowledge, its a perfect opportunity with the right backing. Please help me.
hii,
i have so many new concepts and idea for new businesses but i don’t know how to start it i have so many diffrent-diffrent catogaries investment plans but no fund how can i start please suggest me.thanks
I’m in the health and wellness industry.I’m looking for people that want to feel good and want help people.Please email me at sndrguerrero@yahoo.com partime businees opportunity
I am currently Pursuing a carreer in Home inspection and Radon testing and mitigation in northeast Iowa. These fields require some specific tools and equipment. there are many state regulations to keep up with. I am planning to hire someone to do the clerical work. I will need financing to cover the tools and salary for at least 1 year. I have construction experiance and a degree in Mechanical Maintenance. I would like some input on where to find this financing. Thank you
I am interested in buying a business. Price is good 1/4 of what the investment property is worth. What do grants provide? What does SBA do to help you get funding to buy a business? I need a person who can help me step by step is that possible?
hi just bought a catering van
could you advise me on were to start
regards marie also is there any funding
I want to start a non-profit organzition that benefits the unemployed and uses as it’s resource the old handmade objects (tools, baking, sewing, pottery, woodworking, etc.) to keep our history’s foundational trades in rememberance. I have nothing of my own to start this with, just the ideas. I have no personal funds, no home to use as equity, no building or land to start with, and am even in personal financial debt, which I am working to pay off. My only reliable resources are not in any better circumstances to assist with. Any ideas of how to approach this? Please email me at michelle@jagjrinc.com if you have any suggestions.
Hi I am patrik from Secunda in South Africa. I am working now 20 years for the same company. I wish that I can say it is enough wasting my time making other rich and anot charing their wealth.
I would love to start my own filling station (gas station). If it was possible that some one are willing to give me the opportunity by taking one over and meet with pay back method that will give him his rent and achieve my goal by paying it off in the shortest time.
I have no knowledge of a business but are study Project Management, this give me a bigger picture that there are three main objectives to be 101% successful in the scope what I want to achieve, and that is TIME, COST AND QUALITY.
yes: I do not have the knowledge and funds to start this idea but give me a change and see what I can and will achieve.
NS: Maybe there will be a light at the end off the tunnel.
I’m a business owner that in my 26 year career has worked with hundreds of clients, many of them entrepreneurs starting their own business. What this article touches on is something that I know to be true. You can make your dream of starting or buying your own business come true. Proper business planning is essential to making that happen.
Dennis Lowery, President
Adducent, Inc.
Information & Services to help you start, fund or buy a business.
hi
I am a student of final year of Bachelor of Business Administration. after completing my graduation i want to start any small business but i don’t have money!!!!!!!!
I want to start my own business i don’t have any capital fund, i want to start business of Office and school supplies,I have some experience in office supplies
DBA or LLC. which is better to get some limited liability.any one can help me
thanks.
syed
I want to open a contemporary Cafe in san diego. My concept will be very easy to duplicate. I need help to finance my concept. I am from France and I know what ideas I can bring in San Diego. Please contact me
hi my name is caiphus am 27 i wish i get help to start a business of filling station.am struggling for 3years to get help for fincial but i didnt get it. i have already have a site,but i have no idea of how can i start. i was a taxi owner an i fall but now i work in other company i need to rise up again because my people where am staying their suffuring with a fillingn station
plz contact me an help
I got laid off last year and I am working on an idea. The idea is to rate medical equipment and help healthcare providers find the best equipment for their needs. This would be accomplished through a website and be a low cost alternative to consultants who want big bucks up front. The website would conduct survey’s on a particular type of equipment, and comparing the different types of manufactures. Also I would the equipment and provide reports on the equipment.
I am researching trying to open a afc adult foster home i have a huge passionate for the work and i am very excited although i am having trouble finding a business plan for this. Any suggestion thank you for your time.
get your car washed while you’re working
like go to the packing lot and wash the car, How can I convince the the different owners of the car
THIS IS VERY GOOD TO GETFEED BACK ON WHAT YO ARE TRYING TO GET ON WITH. VERY GOOD IDEA AND MANY PEOPLE JUST NEED TO BE REFERED TO THE DIRECTION THATS WILL START THEM, OR NOT, IF THE PLAN IS NOT GOOD, SOONONE WILL SPEAK OUT. I AM IN THE PROCESS OF STARTING MY NO-KILL ANIMAL SANCTUARY. MINE WILL BEGIN THE MOMENT I’M ON THE PROPERTY WITH THE AREA NEEDED. PRAYER WORKS TOO.
I would like to open an assisted living facility, but have no idea where to begin. I don’t have a lot of money, but I would prefer not to take out a loan. What do I need to do? What is the process? what do I research first? Who do I contact? I need to go step-by-ste.
Can I get loan with the help of a business plan?
I am trying to start a business primarily targeting children who are welfare recepients in the Washington, DC area. I have created a name for the business but there is limited start-up capital. What do I do? How can you guide me? Thx!
i am fify,am 24 years old.i am a very hard working girl but having not the oppotunity to work or do something that could get some money for me to help my parents and brothers and sisters.
i have no money but i am very interested in any business buying and selling with someone whom i can work with .
or in any way i can get help please.
my email address is
fifymadou@yahoo.com
and phone number
00221776898437
hi i am upinder jit singh. i am auto mobile eng. [ mech ] my age 38 year old 18 year my service maruti dealear. in [ punjab ] but in time free’ [ HEALP ME] SIR
hi iam sirisha.I just completed btech in electronics n communication steam. present i got married n staying at home only i am intrested to start a small bussiness bt i dnt have any idea wt bussiness should i do. i have a support from my husband side also.can u suggest me any idea?n thnq u
I want opene my own restaurant. Like a Thai food, Vietnam food and chinnes food, but I don’t have money. Lost my job unemloyment can’t not help my husband pay house. I need some one suport me and Opene my area I were living
Dear Sir,
At my age of 29 i became Homeless, parentless, & also so many swindled me by getting my money saying that we will start agood business but everything in vain. Currintly i am working as a accounts assistant in adredging company @ ernakulam in Kerala state, south india.
I am a person with powerful dreams & visions in my life pursuing a fruitful advice to start a genuine business which will make my visions & dreams come true.
Plz help me. your faithful answer will be a great success for me. i want to prove in my actions to bcum a millionare. I am a B.com graguate & a bachelor too.
Waiting for ur reply in anticipation
hi! i m matshediso from vereeniging. I have been traying to open internet cafe or ladies gym so my problem is i m alone on this and i m working shift, so i m looking for any who have an experience on business to help me.
Hi ! name blong me Tuki, I am doing a Security Guard job on a casual bases doing a Uni course on Policing, Terrorism and Anti-Terrorism. My great desire is to start a Cartering and a Cleaning busines to grow and grow. I am a keen hard worker and can manage to get people for work. Here I need a sound financial planner for advice and help and for interest recruit on board. If you are willing by heart contact me at: tangtearii@gmail.com and will kick start from there. I have seen worst and everything out there, there is a vast of human needs out there, problems all sorts and there is a greater need to minimise these issues in return for a wealthy, peaceful and loving world. Please help or send a comment. Best regards.
Starting a business is a very nice thing to do I personnaly encourage you all guys to go for your dream, and from me have good luck perhaps I could come over in your apartment .
Ofcourse if you start a small business with a good managerial skills it will grow up and become BIG and bussy business. I incourage all to “put your dreams on work” not to put your works on dream. We are the master of our own. Do it and make it. No pain no gain. So make your time usefull in everytime/anytime doing your business. With a great determination and strong vission towards your business, it will come true with an SPS – Successful, Profitable, and Stable business.
Marcelo Gengosa
http://www.gengosa.com
Official Content Solution Inc.
I need to write a business plan to start an educational institution, what steps should I follow?
I am working in government communication affairs office as puplic relation officer with my BA. There are three orphans with me whome they lived with me since two years ago. Now a days i am not in a position to feed them but i am trying to make them to start busines in photography.so i am in need of getting cameras to make bright their life.so please call me at +251 09 12 38 92 85 or mail those who are intersted helping poors in money but rich in idias.
Like i said am Okezie Kingsley, I work as a freelance advert executive with a newspaper house in Nigeria (Guardain newspaper), I have this Idea having studied our market now my client finds it diffcult advertising on a high cost, i plan to starting a Magazine which will have at least a sagmented markert of about 5000people, this people will be of high profile.
In this magazine issues relating to work place, relationship, business, government etc will be discuss and it will be circulated free, and the Magazine will be sustained with adverts of low cost being advertised on it.
But the challenge now is the start up capital of about 60000Naira which is about 380 dollars please if I will receive help from your organisation will be most grateful a reture will be made by me after about three months God bless you.
Okezie,
You might try checking out kiva.org
This is a great organization that works with businesses like yours in micro loans.
hello,
to whom it may concern:
my wife name is princess , she currently been teaching 21 years in pulic school.
she in need of start of capitol for down payment for daycare, she has and excellent business plan already. any sugggestions will be appreciated.
thanks
david&princess wooten
Hey,
i am trying to start my own business, do anyone knows of a company[ies] or person[s] who help people step-by-step with incorporation , etc., help w/granting grand/loan, at a very very low cost or they do it on a non-profit status? due to the economny i am on a low budget, trying to help my mother [92yrsold] with her bills, my son who is suffering from an illness, just a lot going on. i am interested in starting my own business so i can help take care of my mother and other problems. so if anyone out there no of someone just email me epps@banovlaw.com and put in the subject line “We help me with proposal writing?”. Thanks and be blessed.
I have no money and like to start a products selling business. Need help in raising money to get started. Help with a grant/or loan. I having to many bills and I have a negitive account and like to find a way to get out of it and make a honest living. My pay is not covering my bills this month. Please any help out there to get me back on track? I run out of money to go to work this week. Thank You May God bless you.
As a part time web page designer I hear about companies all the time that start with very little and end up being multi-million dollar websites… of course they have all started with more money than I have in my back pocket though. Even most graphic designers and the like have SOMETHING invested, whether it be school, or time at home practicing it’s still an investment. I don’t believe there is any real “no money” start up… you’ve got to put time and you need to be paid for your time or you don’t eat so that is money involved. Just my two cents.
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