Small business answers — NOW!

Start-up without cash

Question
How can I start a business without capital? 
Answer
The short answer is, you can't. Unless you start REALLY small and REALLY slow.

If you can't put up real assets to back a bank loan, you won't be able to borrow money for your start up. In most countries it is illegal for banks to loan money without collateral.

If you need startup capital and don't have assets to risk, then you need an investor partner.

Search for more on acquiring investors. 
Brain Trust contributor: Author of Hurdle: The Book on Business Planning President, Palo Alto Software
Related Categories: Banking, Financial Planning
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz
Print this page   Bookmark this page   E-mail this page to a friend   Go back to previous page
AskJim ID: 168