More people are able to start businesses these days because of the Internet. Online tools help bring down the cost of creating a form or structure for your business and making payments online. It’s a far cry from the hefty entry fees you pay for starting a physical, bricks-and-mortar business on main street or in a shopping centre. The upfront costs for a franchise are often so high that you need to have at least over a million.
An entrepreneur, Stacey Jacobs told Startup Smart how she started Tidy, a professional cleaning business, in five days with only $125. She used a range of online tools and apps to get started, even hiring three cleaners using Gumtree. Although the website platform she is using is “clunky at best and will only serve its purpose for a very limited time” it gives her the opportunity to test her idea without spending thousands only to find out that it is a dud.
Continue reading “Can you really start your business on a shoestring?”
