Start A Business For Cheap Using Free Resources

Let’s face the facts: Entrepreneurs start businesses to make money. Why? Because most people don’t have enough of it.

For that reason, entrepreneurship can seem like a double-edged sword. Start a business by pouring money into it, or keep to the status quo and make by on what you can?

Here’s some simple advice to those of you considering starting your own business: Do it!

It’s time to get rid of the notion entrepreneurs can only be successful when they exhaust their life savings for the sake of the startup. Passion, drive, entrepreneurial instinct and an unquenchable appetite for success are factors that are just as important as starting cash, if not more.

You’re probably familiar with a guy named Mark Zuckerberg. He built a multi billion-dollar enterprise out of next to nothing. You can too if you take the initiative.

Income.com wants you to know becoming successful through entrepreneurship isn’t so much dependent on what you can commit in terms of physical cash, but what free resources you can take advantage of to maximize productivity and ring every cent out of.

Do and get as much as you can for free, identify what you need, get online and build your brand. Creating your small-business empire may not require as much initial money as you think. In fact, it can be pretty cheap.

Free resources abound

The key to starting your own business with as little money as possible is to not spend it. Sure, you could shell out for a deluxe office, but what about working from your local Starbucks – at least at first? How about your own home? Not only does working from home not cost money, it can help you save money come tax time.

Need extra legal help? Score.org can provide free local mentoring without you having to spend big on retainment fees and the like for a high-powered attorney.

Want to reach customers for marketing and feedback purposes but don’t know how? A couple of simian-named resources can help. If you have fewer than 2,000 marketing subscribers – as most startups do – MailChimp will let you send up to 12,000 emails a month for free. SurveyMonkey can format a basic online survey for no charge.

Write a business plan with a template provided by Bplans.com. Use Google Docs instead of buying Microsoft Word software. Track financing and accounting tasks with QuickBooks, a free download for the first 30 days.

Bottom line, you need next to nothing to build an infrastructure for your small business, so don’t spend money where you don’t need to.

Get online

The best part about modern-day entrepreneurship: online capabilities. The best part about getting online: it costs nothing.

Take for instance social media. Nowadays, no entrepreneur can compete without developing a solid social media strategy. It enables you to build your brand on the internet and interact with customers on a different level, all of which goes factors into becoming a successful startup.

Creating a profile on social media accounts requires a valid email address, some basic personal information and a picture – no money down. Get on Facebook, Twitter, Blogger, Google Plus, LinkedIn, Pinterest, Tumblr and the like. A vast consumer base is out there waiting.

Forget paying top dollar for a premium domain name and hosting rights when you can do anything from using WordPress to build and personalize your small-business website, to using DoodleKit and paying nothing for a page complete with hosting, photo albums, layouts, design and coding.

Income.com knows the opportunity to translate your labor into a fortune will arrive if you put in the work. But be smart, save where you can and use free resources whenever possible. Don’t pay for what you don’t need, scale your strategies to fit your startup business. After all, not spending money is about as good as making it.