Thursday, December 13, 2007

Starting a Business with Minimal Investment

Most of the time when we start a business, you have to make some kind of investment. To start a traditional business that can be tens of thousands of dollars. To start a home-based business, often it can still costs thousands to start. Most people, though, looking for a home-based business, do not have a huge amount of money to put towards start-up costs.

I am thankful to work with a company has a low start up cost. Our belief is that anyone can do this business, and anyone can earn an income. You shouldn't have to shell out thousand of dollars to start. In fact, it usually costs less than $30 to get started, plus whatever products you choose. Right now, my company is offering the chance to get started for $1! It is crazy, but true.

Whether you are looking for a business or already have one, I encourage you to think about the start-up cost. Is is something that just about anyone could do? Is it something you feel comfortable asking others to do? Do you have to buy tons of business material or is it product you'll actually use for yourself?

If a company is going to last, it needs to have a business plan that is duplicatable and makes sense. Many companies start, last for 2-5 years, and then nosedive because they didn't have a solid financial plan. I am glad to be a part of a 20+ year old company that has minimal start-up costs and the most generous compensation plan in the industry.

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