Many start-up entrepreneurs are looking for a daily answer to the question: " How to open their business without seed capital? " That is understandable, because potential businessmen tend to have strength and desire, and there is no financial loss. What do you mean? Is there any hope to be successful and autonomous? Absolutely. Our article will provide a few recommendations on the organization of a business without investment and outline its development.
Business without investment - which is attractive.
Entrepreneurship without investment is the ideal way of earning for those who just start their business career and have no free means of starting up. Self-sustaining business is a difficult thing, and there's always a risk that it's not worthy or bad. If only physical and moral forces are involved, frustration from failure will be strong enough, but short, and if the last money is invested in the business, the consequences can be catastrophic. It should be borne in mind that only 5 per cent of 100 open enterprises cross the year.
First steps towards a cost-effective business
Before any case begins, it must be carefully prepared to assess its advantages and weaknesses. The starting businessman should clearly define:
- The area where he intends to work;
- List of goods or services offered to clients;
- its advantages to competitors;
- The development strategy reflected in the detailed business plan.
Business and grant
Business needs to be registered to avoid further problems with public tax authorities. The best option for a newcomer would be to process individual entrepreneurship (IU) with simplified taxation (SNA). Formulation as an entrepreneur can be found at the MIFN field office.
Even the most cost-effective business requires some costs: tax processing, utilities, Internet charges, etc. Funds can be obtained from the State in the form of a business development grant to unemployed citizens. The subsidy is granted through employment centres to persons registered as unemployed for at least a year and is 58,800 roubles.