A business needs finance and a strong strategy. A business can never start
in the first place without finance. However, what should a person do who
doesn't have access to a great amount of money? If you want to start a business
with little finance then we can help you with the process. You don't have to
worry about getting a lot of finance because you can set up a few businesses
that require very little finance.
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Marco Coffen — All-around Investor | Self-Employed IT Consultant | Realtor
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Here are a few ideas for low finance
businesses that can be set up very easily as well.
1) Real estate business
A real estate business can be very cheap to set up. The business can be set
up easily if the capital is handled properly. A real estate business doesn't
require too many assets. You don't need a lot of assets in your business like
other companies, you won't have to build a huge office or a huge company with
machinery and lots of labors. You can set up a real estate business by just
investing some money, buying the assets of your office. You just need to buy
the assets to set up an office, not too much of capital is required for
ordinary assets. So, if you don't have enough finance and have an experience in
real estate then setting up this business can be a very good choice.
2) Small shop
Small businesses are usually close to the customers which gives them an
upper hand in the market. You can set up a small shop or supermarket. This
won't cost you millions of dollars. You can set up this kind of business by
investing a few thousand dollars only. Moreover, you won't have to worry about
too many legal regulations if you set up this business alone i.e. start a sole
trading business. Starting a small business also helps you stay close to your
customers, you can build close relationships with your customers and serve them
effectively. This will help you earn higher profits because customers like to
choose businesses that allow them to have direct access to the owners and
managers.
