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How can I start a business on a budget?
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Start by researching the type of business you'd like to start and create a plan of action. Establish a budget that includes all startup costs such as licenses, permits, equipment, inventory, staff, and operations. Look into ways to get discounted or free materials, such as utilizing online services, negotiating with suppliers, or crowd funding. Consider working from home or a low-cost space to minimize expenses. Web-based or shared software can be used to keep costs down. Research local regulations, programs and incentives to further lower financial impact. Lastly, consider starting small and focusing on organic business growth to make the most of your budget.