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Start a Business

Beginners tips on starting a business with £0 cash

Starting a business has never been easier – and here is why.

I was on my home yesterday from doing the daily chores, when I drove past Subway. Nothing too exciting there. However advertised on the side of the retail front was a massive banner advertising the sub-of-the-day. Again, nothing too exciting, although I do like a good ol Spicy Italian (but lets keep it clean shall we!) However in big bold letters the words FREE WIFI struck accord. Happy days, I thought, a new place to call my office desk!

Sad as it seems, the office I work in, is the chair I sit in, and not the office I rent. With this in mind, I thought it would be wise for TheEmployable to highlight a few tips on starting a business and keeping costs low and what you can do with £0 money to start….

1/ So, as I have highlighted above – as long as you have a laptop and the coffee shop you sit in has good WIFI (and they brew good coffee) you can get away with spending £3-5 on a 3-4 hours solid work. This is obviously based on the minimum you might need, which is your laptop and a friendly coffee shop owner. Don’t assume that every coffee shop owner likes you sitting in their coffee shop for minimum spend – they don’t as we have learnt ourselves. However a wee mention that you are trying to start a business from scratch might go down well so try to get on their charitable side early days…

2/ People keep asking us “how much did it costs to set up your website”. Well number one, it’s a blog, and number two, it costs about £20. “What” they cry, “how is this possible?”

Easy – we use wordpress.com which is used my thousands of bloggers every day and the key thing here is, you learn how to use wordpress.com and you format your own site and it costs you £0 to do. Appreciated the site at the moment does not look top dollar, but it does the job. Consider this prospective self-starter, or SME – take a look at the tripe basic websites that you see in your local area and appreciate that this may have costs someone £1k plus to get – and does it look much better?

As you need to develop a more professional and complex website – do use a professional web development outfit (we are ourselves at the moment) but if you need a basic site and have no money to spend – blog sites like wordpress.com, do the job.

3. Knowledge is free (man). Sorry for the ‘hippy like’ approach, but the one thing we have learned is that the majority of entrepreneurs, innovators, startups, self starters, self-employed, freelancing type people (call it what you like), do like to help each other out. They do like to spread their wisdom and advice and generally they want to, because they have a real affinity to helping others succeed. So simply by asking and looking for help, you will find a lot of answers for free.

Check out Tips 4-7 on page two…

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Discussion

5 Responses to “Beginners tips on starting a business with £0 cash”

  1. The Internet is a great thing for those looking for ways to get free, or cheap, information. However, it is definitely a double-edged sword. Yes, there is a ton of information out there to be had, but there is also a lot of junk. This means you need to have a great B.S. detector and have the ability to pick out the great nuggets of information. You also can find yourself being overwhelmed with all of the information out there, getting bogged down researching and not making any forward progress. Having said this, I have no desire to go back to a time when the Internet wasn’t around!

    As far as ‘free’ wi-fi goes, at a couple of bucks a day for coffee to get a few hours of ‘free’ wi-fi, one could get a great broadband connection at home and have 24/7 access to the web. Of course you would be on your own to get a good cup of coffee…

    Posted by Marshall Davis | March 5, 2012, 8:21 pm
    • You may find that gradually coffee shops remove their free wi-fi because it leads to them losing money and going out of business. A relative of mine has a coffee house which has just removed all the free wi-fi access as customers were not spending on the coffee but using the wi-fi too long. Customers also expect free wi-fi now and are upset when it’s not available but coffee shops are not charities! Please don’t start a business by helping another business to shut down.

      Posted by Anne Fraser | June 20, 2012, 9:30 am
  2. Thank you for your comments Marshall and some very good points –

    Posted by theemployable | March 6, 2012, 8:20 pm
  3. Great blog. In terms of Wifi access, have you tried using your local library? Although the “public library” is often under threat of closure in the UK, with cut backs in public sector spend, it does offer (quiet often) free WiFi access and also a gateway to huge amounts of information. Use it or loose it!

    Posted by Jay Wheeler | June 13, 2012, 2:51 pm

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