214. How To Start A Business on a Budget
On Your Terms® · Sam Vander Wielen
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Show Notes
Starting an online business is much cheaper than starting a brick-and-mortar shop, but it still has costs. So how do you navigate those costs before your business starts bringing in any money? That’s what we cover in today’s episode.
I walk through the three-step process of how to start a business on a budget: Save, Research, Budget. I breakdown each one in detail, giving examples from my own experience.
Being realistic in your projections and plans leads to the empowered, quality decision-making necessary to build a sustainable business. I hope this episode helps you do that.
In this episode, you’ll hear…
- The three components of the saving phase: Save, Cut, Make
- What costs you need to research when starting a business
- How to factor a long runway into your starting budget
Click here to find the full show notes and transcript for this episode.
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