Small business owners and solopreneurs can be on a pretty tight budget for the first year of business. Your income varies as you find your footing, and even low overhead businesses require some start-up cash. You can stretch a tight budget with a little bit of creativity.
Tap Into Your Network
When you first start out your network is crucial. It can make or break you. Ask friends and family to help you out at the store or at your company events. Rope your partner into helping you package things. People who care about either you or your business will be willing to help for free. Once you’re making a profit you can pay them back, or hire people to help moving forward.If you have a small network, offer people something besides cash to help you out. Free attendance to events for people who volunteer, or an hour of your services for those who donate goods. Try trading your time or skills for what you need instead of money.
