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Question added to topic Starting a BusinessJune 21, 2007

How do I start a business on a low budget?

I live and work in Jamaica. I'm a customer service agent with Air Jamaica taking home a salary of $50,000 JMD monthly. I am interested in buying and selling products like electronics, clothing, accessories and bath products.
<P>Probably the same way we all did - by starting small.</P>
<P>In business you have two options: Start with what you have.  Most of us start after hours in the garage and with a small budget.</P>
<P>Or, you can build a business plan, go and raise the capital, hire people, then go to work.</P>
<P>It is up to you which way you should go, but remember to read as much as you can about how to grow and run a business as well as the products or services you offer.</P>

Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.

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