I followed the same strain as Vangogh, with basically no capital. This is to say that i did not need to purchase anything extra to start my business. I used the computer and printer that i already had. Spent under $200 on registering the business name, and i was in business.
I did have to use savings to purchase stock, however this was on the basis get an order buy the stock, get paid for it. So i was not really out of pocket for anything unless i had an order that was going to pay the money back in.
While i have to agree that this is not the ideal way that i would suggest to do things, it still comes back very much to what sort of business you are planning to operate and what the needs of that type of business are. If it is a business that requires a office setup and staff straight away then the capital needs are going to differ greatly to the needs of a business that has little need for additional staff, and any fixed office location.
Last edited by orion_joel; 08-07-2008 at 04:57 AM.
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