I have good academic degre in business but no money to start business...
122647
There are many businesses who started with so little yet grew to become good income vehicles down the road. From the article "How to Start a Business with Little Cash" here are some tips on how you can start a business and earn more money even if you are short of cash today:\n\n1. Find a business that you can start for little money (e.g. an errand business where your main cost is telephone and gasoline is easier to start than starting a Subway franchise)\n\n2. Consider your time and effort - if you have little cash, you may have to work harder for the money because you will have no resource to outsource or employ others to do certain tasks for you; or you have no money to buy equipment so you can only do certain things the long way\n\n3. Get your creative juices flowing. With no money, the only thing you have is your imagination. Be creative and find ways to get things done \n\n4. Be prepared to do all the work yourself - from doing your business plan, finding financing, writing emails, shipping and handling, marketing or whatever processes your business requires. \n\n5. Be prepared to invite investors - you may need financing help from someone down the road so be prepared to share some of the pie.
380002
You need to go to college and take business classes to start. You need a job and save your money so you can purchase the building and equipment. Never rely on others to full fill your dream. It only takes YOU and your hard work and determination.
238593
Some ideas:\n\nYou and a couple of other guys can start a sort of babysitting/big brothers business.  If you have a lot of younger boys in your area that are latch key kids or live in a single parent home or simply have 2 parents that both work you can charge per hour or day, pick them up at school, help them or monitor them with homework then "hang out" play ball, hit the park, ride bikes or play video games. \n\nIf your school doesnt have vending machines or the vending machines offer limited choices you can buy candy in bulk (for a discount price) at Sams Club or Costcos or BJ's (depending on what part of the country you live in) and resell them to kids at school (of course for a profit).\n\nYou can create "business cards" on your computer (go to staples or Office Max and buy a pack, visit the website www.avery.com or www.staples.com and use their free business card software to create them.  You can bike or walk around your area and hand these out...simple is good. Your name and number (only people you know and ask your parents permission FIRST) offer yard work, car washing, help with homework, that sort of thing)\n\nAsk you parents if they have or can create an ebay account so that you can sell things, then go through all of your old stuff and ask your friends to go through all of their stuff as well.  You can sell old video games, videos, cd's, sports equipment and clothing.   If you do sell something of a friends deduct the listing price (unless they paid that upfront) and deduct 5-15% of the final profit for yourself.\n\nYou can use the same idea above and have a yard sale and let all of your friends know, especially if they have complimented stuff you own.\n\nThe links below are some other ideas for teens in business for themselves.\n\nBest of Luck.
211761
Contact your local Small Business Administration office.  They have counselors who can look over your business and make recommendations.  Their services are provided free (govt. agency).  Many of the persons working with and through them are retired executives and business leaders or educators.\n\nBest wishes.
304774
Look around and see where people/businesses are spending their money.  Stationery is one thing, but there might not be enough spending in that area, or there might be too much competition, for you to make a full living.  The nice thing about stationery is that it constantly gets used up, so people are always buying more.  Even if you're not getting rich, there is always going to be a market.\n\nYou say you cannot do services due to a sleeping disorder.  I would suggest working VERY HARD to overcome that disorder.  In fact, it might not be a disorder at all, but simply depression which could be cured by becoming more successful at your goals in life.\n\nBut for now, instead of services on a schedule, try going around when you are awake and asking what kinds of services people would be willing to pay you to do.  Offer cleaning of all types, or helping people organize their furniture for the best use of space, or handy repairs, ... there are all kinds of opportunities that don't need much money to start.\n\nAlso maybe you have some toys/games that are expensive and people can't buy them.  But you might be able to RENT them to people for a party or gathering.  You don't need to compete directly with your competitors.  Change your business so that you are the only one offering the product/service.\n\nIs there a game rental company in town?\n\nMaybe you can offer not only stationery, but also printing and mailing services?\n\nI don't know your market, but those are some things that come to mind...good luck!
189414
Call you local "Small Business Administration" also look for another one called "SCORE" You can get some free help and ASK about any GRANTS that may be available to you. Sometimes, if you start a business in a Rural area the Government may give you a Grant (FREE Money) to help the economic conditions of a rural area. Good Luck. \nOh! I get $50 an hour/minimum for Business Consultation. This took me 5 minutes so that be $50 you owe me. I take cash or kisses your choice. :-p\nP.S. The Small Business Administration requires you try 3 loan sources and if you get turned down and have a business plan they will loan the money, I THINK that how they do it, but, ASK.
449780
Yes, talk with the SBA and your local Chamber of Commerce. Colleges, Cities, Counties and States often have their own programs.\nFirst, you need to have the business well thought out. Develop a business plan. Your local Community College might help. This is a MUST!\nAlso, you might could consider incorporating and bringing in some people with good credit and experience to be on your board of directors and/or staff.
56356
Then it's time for you to think different.  Many of us are drilled by our parents go to college so you can get a good job.  Ha! Now I drill into my five children's head start your own business.  I'm sure you think this is a joke, but it's not....email me at rcuevas34@yahoo.com\nThis is the best thing i ever did.  You can afford the start up cost and will get it back sooner than anywhere else I know of.  We have many people in college, or just graduated (one guy on our team just made 20,000 dollars in three months) Email me and I will help you.  Please let me know what State you live in when you email me. Best of luck to you...
174915
You don't. A cafe is a business that requires capital. Unless you can find investors to provide funds for you or a bank that can give you a loan, this is not a business that you can start for only $5,000. If your resources are not enough, cashflow will be extremely tight and there is a very high chance that the business will fail. The #1 reason why businesses fail is due to lack of capital, and without money and no experience in the business, you stand a formidable challenge.\n\nFrom the article "How to Start a Business with Little Cash" http://www.powerhomebiz.com/vol30/nocash.htm here are some tips on how you can start a business and earn more money even if you are short of cash today:\n\n1. Find a business that you can start for little money (e.g. starting a personal chef business where you cook meals for families and cater is cheaper than opening a cafe)\n\n2. Consider your time and effort - if you have little cash, you may have to work harder for the money because you will have no resource to outsource or employ others to do certain tasks for you; or you have no money to buy equipment so you can only do certain things the long way\n\n3. Get your creative juices flowing. With no money, the only thing you have is your imagination. Be creative and find ways to get things done \n\n4. Be prepared to do all the work yourself - from doing your business plan, finding financing, writing emails, shipping and handling, marketing or whatever processes your business requires. \n\n5. Be prepared to invite investors - you may need financing help from someone down the road so be prepared to share some of the pie. \n\nAs for writing your business plan, here are some resources that can help you write your business plan:\n\n- SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html\n- PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm\n- Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html\n\nYou may also want to review some sample business plans to see how it actually looks like:\n\n- Bplans.com http://www.bplans.com/sp/businessplans.cfm\n- MOOT Corp Business Plan competition winners\nhttp://www.businessplans.org/businessplans.html\n- VFinance - View hundreds of real business plans in pdf format. http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp\n- Business Owners Toolkit Sample business plans and information on how to create a plan. http://www.toolkit.cch.com/tools/buspln_m.asp\n- PlanWare Planning software and information. http://www.planware.org/\n- Virtual Business Plan Walk through the design of a business plan. http://www.bizplanit.com/vplan.html \n-SBA Business Planning Guide http://www.sba.gov/starting_business/planning/basic.html\n- Small Business Advancement Center http://www.sbaer.uca.edu/business_plan/businessPlan.pdf\n- Sample Business Plan General planning guide created by the Canadian Business Service Center. http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE/display&c=GuideFactSheet&cid\n- Business Plans Index - A subject guide to sample business plans and profiles for specific business types from Carnegie Library of Pittsburgh. http://216.183.184.20/subject/business/bplansindex.html\n\nSome recommended books are :\n\n- Start and Run a Coffee Bar (Start & Run a) by Tom Matzen and Marybeth Harrison\n- Real-World Wrap Cafe Business Start-up by Dan Titus and Juice Gallery Multimedia\n- FabJob Guide to Become a Coffee House Owner by Tom Hennessey\n- How to Open a Financially Successful Coffee, Espresso & Tea Shop by Elizabeth Godsmark\n- ESPRESSO! Starting and Running Your Own Specialty Coffee Business by Joe Monaghan
660555
To get started, I suggest contacting the Small Business Administration Financing Page (SBA) – links below. Entrepreneur also offers a great site dedicated to money & finance – see below.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:\n\n* Free Money for Small Businesses and Entrepreneurs by Laurie Blum\n* Finding Money: The Small Business Guide to Financing (Small Business Series) by Kate Lister, Tom Harnish\n* Financing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy\n* No Cash No Fear: Entrepreneurial Secrets to Starting Any Business with No Money by Terry Allen\n* Starting on a Shoestring: Building a Business Without a Bankroll by Arnold S. Goldstein\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
357245
Have you ever consider starting your own biz?\nDid it ever occur to you that may be you are bored becoz you are born to be an entrepreneur? An entrepreneur in heart will definitely be bored to do office job like you mentioned.\n\nStart small, this could be your beginning of a brighter future.\nIf you want it bad enough you will make it!
47851
Not too early, I suggest that you find a mentor. Talk to people who are already in business, especially in the type of business you want to own. Even try to get a job or be a apprentice in the field, so you can learn the ins and outs of the field. They can tell you the ups and downs of the business and guide you in getting started.\nGood luck and be persistant.
79695
Small Business Association.. and try federal grants - since you are minorities.. your odds of getting a grant or loan is higher.. especially since you have a solid business plan
466890
Have you checked with a bank or the Small Business Administration in your state?  If not, I would begin there.  They may be able to tell you where to go (ha, ha).\n\nI hate to be a pessimist but don't forget that over 80% or more of new businesses fail.  Given the economy right now I would reconsider unless you have a product which people need as opposed to a business where people can get along without your product or services.\n\nI worked with a guy who left his job that he had for almost 15  yrs & withdrew the money in his retirement account to start up his business.  Within 2 years he had to close up his store & he returned to the employer he worked for previously.  Not only did he lose the security of having a retirement account but he was also in debt & had to refinance his mortgage.  Unfortunately there are too many more like him.\n\nIf you decide to go forward with your plans, I wish you the best of luck in your venture.
535991
Im in the same boat as you. I have bad credit and debit. I for me figure get a 2ed job pay off all my bills save save save then try for a loan when the bank sees no more debit you have a better chance. I'm starting a business now, well it's already in the books but need more money to fund it.
324590
Everybody has bills to pay. Successful people never let circumstances control them. That is why you see so many people living mediocre lives because they let circumstances control them. You gotta overcome to become.\n\nAny kind of business will involve risk. If you do not have a huge capital to begin with, my advice is get a regular day job. Start your business on the side. Work hard in your business until the business income surpasses your day job income. Then quit your job and concentrate on building a bigger and better business.
164790
Hi, I have no experience with this but I've found two sites that may help in starting up your business.\n\nGood luck!