| Just over 32 percent of new business owners needed | | | | storefront, but with a drop shipment retail business |
| less than $5,000 to start or acquire their business. | | | | there is no inventory to pre-purchase, stock and store, |
| Amazingly enough, 25 percent of business owners | | | | and no shipping expense. Many wholesalers are more |
| needed no dollar amount to start up. The following is | | | | than willing to drop ship directly to the retailers' end |
| just a small list of some ways to start your new | | | | user. Your job is to simply locate the buyer, confirm |
| business with little or no money. | | | | availability of the item, accept payment, and place the |
| | | | order with the wholesaler. The wholesaler will ship the |
| 1. Work from home - Starting a home business is | | | | order directly to your customer and send the billing to |
| easier and much less expensive than renting | | | | you. Now you just need to decide what items you |
| commercial space. Most small business does not | | | | want to sell! |
| require a special location. Benefits to home businesses | | | | 5. Offer a lease option - It's not always easy to sell an |
| include flexibility in hours, less travel expense, no rent, | | | | established business, and owners can become |
| great in-home tax advantages, and being able to | | | | frustrated with the effort. Many don't immediately see |
| comfortably work in your PJ's. If you can start your | | | | other options to get out and often times they just |
| new business from home, do it; there will be enough | | | | liquidate and close down their business out of pure |
| expenses without the added cost of commercial rental | | | | impatience. Sellers may become receptive to the idea |
| space. | | | | of a lease option sale when they reach this crushing |
| 2. Online business - The newest explosion in the | | | | state. Many may not have previously considered or |
| business world is on the internet. Online sales will excel | | | | even be aware of this option to them. Basically, you |
| beyond person-to-person sales of nearly all types by | | | | walk in with little or no down payment, take over and |
| 2020. There is very little you can't purchase on the | | | | continue operations as usual, and for a pre-determined |
| World Wide Web. Websites can be created for free | | | | length of time, the seller receives a monthly "lease fee" |
| with the most basic computer skills and "voila" you're in | | | | from your new business. Once the set time frame has |
| business. Research what type of business you want | | | | elapsed, you automatically own the business. There |
| and search the internet for related websites to get | | | | are potential risks taken by both partners, but with an |
| ideas. | | | | air-tight lease contract, and a good understanding of |
| 3. Start small - No business starts "BIG;" they all start | | | | each others position, these type of business purchases |
| small and grow successful over time. A prosperous | | | | can benefit all involved and get a new owner into his |
| business has a sound foundation and has grown and | | | | desired business with less stress and without as great |
| expanded from one seed to its full potential. The | | | | a financial burden. |
| founder of Dell Computers was a college dropout. | | | | 69 percent of new businesses were started or |
| Starting out of his garage, he managed to excel above | | | | acquired without any need to borrow money. Being |
| all of the world's top computer manufacturers. One in | | | | one those who didn't borrow money could mean the |
| three computers sold today is a Dell. | | | | difference between a successful business and just |
| 4. Drop shipment - Retail sales generally require a | | | | another failed statistic. |