13 Ways to Fund Your New Or Existing Home Business
It takes money to make money.
I am sure you have heard that many times before.
Maybe it has been your excuse for not starting a Home Business.
Every business is going to need working capital but you don't need to rob a bank.
Here are 13 ways to fund your new business.
1.
Sell items you do not need or use anymore on craigslist or eBay.
Everyone has unused items piling up in their closet.
Pick a day and empty out your closet and list a few items for sale.
2.
Sell old books on Amazon.
com.
When you send out the book include your business card or an offer for your new business.
3.
Have a Yard sale for large items that cost a lot to ship or use the local newspaper to list these items.
4.
Get a Part Time job.
Do this so you can fund your advertising expenses or monthly auto-ship requirement.
You can quit when you start to reach profit.
5.
Decrease your tax with holdings.
Use your tax money to fund your home business.
Please check with your tax adviser regarding exact amounts.
6.
Borrow against your 401k..
..
Not recommended but it is possible.
Some plans let you withdraw the money without penalty to fund your home business.
Again, check with your tax adviser.
7.
Borrow from a relative.
Remember to borrow enough to sustain you for several months.
You could make them a partner to lower the payback.
8 Pre Sell products.
Before even joining distribute information on products to friends and family and take orders to apply to your Starter Pack.
9.
Sell old gold and silver jewelry.
Metals are at all time highs you don't need a lot to make a few hundred dollars.
10.
Sell or cash out other investments.
The future return and the tax benefits may out weigh holding on to some low risk investments such as bank CDs.
11.
Cancel or restructure unnecessary monthly bills such as your cable bill.
You maybe paying up to $150 a month for hundreds of stations you never watch.
Look over other bills such as electric, telephone, cell, car insurance.
12.
Eat at home more.
Bag your lunch and make coffee at home.
This can add up to sever hundred a month for some people.
13.
There are many many more you just need to look around and scrutinize how you are now spending your money and make the necessary changes.
I am sure you have heard that many times before.
Maybe it has been your excuse for not starting a Home Business.
Every business is going to need working capital but you don't need to rob a bank.
Here are 13 ways to fund your new business.
1.
Sell items you do not need or use anymore on craigslist or eBay.
Everyone has unused items piling up in their closet.
Pick a day and empty out your closet and list a few items for sale.
2.
Sell old books on Amazon.
com.
When you send out the book include your business card or an offer for your new business.
3.
Have a Yard sale for large items that cost a lot to ship or use the local newspaper to list these items.
4.
Get a Part Time job.
Do this so you can fund your advertising expenses or monthly auto-ship requirement.
You can quit when you start to reach profit.
5.
Decrease your tax with holdings.
Use your tax money to fund your home business.
Please check with your tax adviser regarding exact amounts.
6.
Borrow against your 401k..
..
Not recommended but it is possible.
Some plans let you withdraw the money without penalty to fund your home business.
Again, check with your tax adviser.
7.
Borrow from a relative.
Remember to borrow enough to sustain you for several months.
You could make them a partner to lower the payback.
8 Pre Sell products.
Before even joining distribute information on products to friends and family and take orders to apply to your Starter Pack.
9.
Sell old gold and silver jewelry.
Metals are at all time highs you don't need a lot to make a few hundred dollars.
10.
Sell or cash out other investments.
The future return and the tax benefits may out weigh holding on to some low risk investments such as bank CDs.
11.
Cancel or restructure unnecessary monthly bills such as your cable bill.
You maybe paying up to $150 a month for hundreds of stations you never watch.
Look over other bills such as electric, telephone, cell, car insurance.
12.
Eat at home more.
Bag your lunch and make coffee at home.
This can add up to sever hundred a month for some people.
13.
There are many many more you just need to look around and scrutinize how you are now spending your money and make the necessary changes.
Source...