Small Business Trends Column – Aspiring Entrepreneurs: No Money?No Problem! Get Started Today

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Many of us have aspirations to own our own business – to be our own boss. Every year hundreds of thousands of small businesses get started by people just like you and me; people who have an idea for a product or service and follow through on it.

You may have an idea for a business but think because you don’t have the money that your dream of starting your own business will never be a reality.

However, there are a number of things you can do right now to help you get started on the path toward building your dream business. There are many steps you can take to develop startup ideas and flesh them out. And those initial steps do not take any money at all — just time and effort on your part.

Read the rest of the post at Small Business Trends.

Thanks to 4 Entrepreneur for including this post in the 4 Entrepreneur Blog Carnival.

4 Replies to “Small Business Trends Column – Aspiring Entrepreneurs: No Money?No Problem! Get Started Today

  1. Pingback: 4 entrepreneur Blog Carnival VII | 4 entrepreneur
  2. For those who are running businesses all to well know that cash flow is the life force. The number one condition that saps this strength is for a business to have slow payers.

    That is why it is of the utmost importance to manage ones accounts receivables. The importance of timely payments can not be over emphasized. Research has shown that not only do slow payments drain cash but the likelihood of being paid at all is significantly reduced as time goes on. For example, on average, when a receivable goes 90 days 27% are not collectable and if they go 180 days 43% are not collectable.

    Best practices suggests that reminders and demand for payment should happen early, systemically, and alternating between calling, e-mailing, faxing, and mail.

    Fortunately, with current technology all businesses can access the same collection tools as the large corporations. A good example of this is A/R Connection which offers a service where by a company uploads their Aging Report and the service automatically Calls, E-mails, Faxes, or Writes those customers who are late in their payments.

    If any one is interested they can be found at http://www.arconnection.com

  3. Great article. I am working on starting up a small business and it is tough with not a whole lot of resources. At this point I am still bootsrapping everything and its not the easiest thing do. I found I was able to save a lot of money for my business using a telephone answering service. I was able to have someone always here to answer my phones 24/7 while I am out focusing on business.

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