Starting a business doesn’t have to mean emptying your pockets, draining your back account and maxing out your credit cards.
Here a eight ways to cut your expenses when starting a business:
1. Get free advice from a successful mentor who’s already been through the rough-and-tumble first stages of starting a business.
2. Have your business plan drawn up for free by submitting your business to an MBA class.
3. Barter strengths with other business owners.
4. Get low- or no-cost advice from a university-affiliated Small Business Development Center.
5. Hire a virtual secretary.
6. Hire college interns to help with the small tasks.
7. Give the illusion of having more than one location by renting office space on an hourly basis.
8. Enlist the help of your support network.
Photo by Zela.