2016-07-25 00:00:00 Uncategorized English Starting a small business is an exciting and nerve-racking time. However, many new businesses hinder their success by making avoidable... https://djnx69zjp3mvw.cloudfront.net/wp-content/uploads/2017/01/08220031/Rich.jpeg business Q+A: How to start a business on a budget

Q+A: How to start a business on a budget

1 min read

Starting a business can be a daunting prospect, but what happens when you’re low on start up money? Is it worth continuing, or should you just stop until you can raise some more cash?

Although a lot of businesses go for the latter option, at QuickBooks we don’t believe that the lack of money should stop you from growing your business.

We spent some time with VP and Managing Director of QuickBooks, Europe, Rich Preece, who explained that not having the perceived capital you think you need shouldn’t be a deterrent when starting a business.

From networking to using tools such as Task Rabbit and Fiverr, from testimonials and social media through to appearing bigger than you are to attract more clients, Rich talks through a number of budget hacks designed to keep costs down and productivity up.

 

Find out more by viewing the video below.

Every three months, we will publish a video with Rich Preece, VP and Managing Director of Intuit QuickBooks, providing you with tips and tricks on how to run your organisation effectively. We speak to thousands of companies on how they have managed to become successful, and now we’d like to pass on their learning to you. Take a look at the previous video that was created, which covered how you can stop your new business failing within the first 2 years.

 

For more information on how to grow your business in the early days, take a look around the Small Business Centre.

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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