How can you start a business without money in hand?

Starting a business requires capital, and the investment amount differs based on the business’s nature, plan, and model. Startup businesses are often ineligible for a Business Loan, which is often available for existing businesses only. However, the invested amount has little to do with a business’s size and success. One may start a business without money in hand and grow to become an industry leader over time. So, instead of pondering how to get a Business Loan, find ways to start a business with no money in hand. Here are a few tips that will help:

  • LLP registration with the EMI option, a low-cost business registration option, with which a business can open a business account, obtain tax registration, and invoice clients.

  • Sell online, which does not require capital for inventory, warehouse, staff, and other overhead costs.

  • Provide services like tutoring, web development, coding, medical transcription, content writing, etc. These services do not require much capital for investment and help establish a business without a Business Loan.


After running the business successfully for a few years, one may know how to get a business loan and apply for extra capital.


Popular posts from this blog

How to Get the Best Personal Loan in Bangalore?

Impact of the COVID-19 Pandemic on Personal Loans in Bangalore

Why Personal Loans without CIBIL Check are Becoming Popular in Mumbai?