Okay – you have an idea for a business and are ready to roll up your sleeves and get down to work…. The only think you lack is a little lump sum of cash to get started.
There are various ways to generate start up cash and depending on the amount you need, you may not have to do a whole lot to accomplish it. On the other hand, if you need a bigger amount of cash, you can try several of the ideas listed here.
- Have a yard sale or sell items on eBay or other auction type sites (ask your family and friends to donate some unused items to your “fund”)
- Research and apply for federal and local grants – you never know, you may qualify for one
- There are lots of alternatives to the “2nd job,” such as doing small jobs and running errands for people you know locally. You can also turn to the internet and find some service based jobs in areas such as virtual assistance, writing, graphic and web design, etc.
- Cut back on unnecessary expenses.. a couple months without cable and gourmet coffee can add up to a nice chunk of cash
- Find someone to partner with to help cut down expenses.
- Visit the small business administration at www.sba.gov for more ideas
These are just a few examples… Just start brainstorming and keep consulting the “Google-verse” and you’ll find some cool ways to earn some cash for your business venture.