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10 Ways to Start Your Own Business On a Tight Budget

By October 1, 2017 No Comments

Do you have brilliant ideas for a business but feel as though you don’t have the finances to pursue your goals?

Well, it’s time to stop letting your financial situation hold you back! After all, some of the most prominent self-made billionaires started their companies from nothing. Imagine if they’d let their lack of finances get in the way of their big ideas. We wouldn’t have Forever21, Hewlett-Packard computers, Craigslist or Burt’s Bees.

Fortunately, in this day and age, it’s easier than ever before for entrepreneurs to transform their ideas into reality. With inexpensive website platforms that have various template options, like these incredible ones offered by LINKstripe, anybody with a clever idea can start a profitable business.

Even with great resources, we know that starting a business is an enormous endeavor, so we have a few tips and tricks to get you started. You’ll be well on your way to starting your own business in no time!

1. Create a Website

If you want people to take your business seriously, it’s absolutely crucial for you to create a professional looking website. In fact, without a website, or even with an amateur looking one, your business will already be off to a shaky start. LINKstripe offers affordable plans that include countless templates to choose from, custom web design options, and even awesome benefits like built-in digital marketing strategies. Plans start at $7 per month and include everything and more that you get from our more expensive competition. Creating a website with a strong brand image and digital marketing support system has never been so easy!

2. Let Your Business Speak For Itself

Well-written content can take your business a long way. Make sure that within a few minutes on your website, viewers get a clear idea of what your business is all about and what it can offer them. Keep things simple, engaging, and straightforward. An inviting “About Us” page will peak readers interest and persuade them to take a further look at your website. Adding a blog to your website is another great way to engage your viewers. It’s a fantastic way to connect with your audience, share information about your company, and keep viewers coming back for more. Skillfully written content will allow your viewers to trust, respect, and support your business, which is exactly what you need to get things rolling.

3. Manage Everything Like a Pro

Managing appointments, bookings, and the selling of online products and services is made simple with LINKstripe. It’s all included in our most affordable plan so that you have all of the tools necessary to manage your business on a low budget. When your brain is buzzing with a million ideas and your “To-Do” list is piled high, you can count on LINKstripe to make management tasks run smoothly.

4. Start Advertising Your Business

Now that your website is up and running and customer ready, it’s time to start advertising your business. After implementing a few simple tricks, you’ll have more traffic than you know how to handle (thank goodness for LINKstripe’s management tools!) If you’re trying to drive traffic from around your local area, starting a Facebook page is vital to your business’s success. Buying Facebook’s affordable ads will draw in thousands of people from your area. If you’re selling online services and products that can be bought from anywhere, using Google Adsense is a fantastic way to draw in traffic from all around the world. You can also grab loads of attention by regularly updating your social media sites and launching competitions that will attract a higher following. There are numerous ways you can advertise your business, but using our platform that includes digital marketing strategies, is the most beneficial way to reveal your brilliant business with the world.

5. Work From Home

Did you know that William Redington Hewlett and David Packard started Hewlett-Packard Company in a car garage? Sometimes sacrifices have to be made in order to achieve the dream. So, if you don’t have enough money to afford a fancy office building downtown, don’t fret! Even without a spare room in your apartment, great working conditions can be created. Simply stroll down to your local Goodwill or Deseret Industries and you’ll find a plethora of cheap, but sturdy desks that can transform a corner of your living room or bedroom into a miniature office space. If you’re on an extremely tight budget, you can even turn your bed into an office space with the use of a lap desk. With a little creativity, you can make any inconvenient circumstance work. Isn’t it a remarkable feeling to know that you can achieve your goals with limited means?

6. Optimize Your Website

Included in every LINKstripe plan, is the ability to get noticed by Bing!, Google, and Yahoo! SEO (otherwise known as search engine optimization) is also made simple with LINKstripe. By adding certain keywords and phrases to your blog posts, you’ll be included in the search results of people who are looking for the kind of products and services that you offer!

7. Become Knowledgeable About Your Business

This sounds like a “given,” right? But you’d be surprised to find out how many people start a business without really knowing what they’re getting into! In order for your business to achieve success, you should know your target audience and your competition like the back of your hand. By learning everything you can about your audience and competition, you can optimize your services and products in order to gain your audience’s favor and start bringing in the money! It’s also essential that you have a high intellectual understanding of your own services and products. This will allow customers to see that you’re truly invested in your services and that they can trust you you and your company.

8. Communicate Well and With Respect 

LINKstripe offers contact forms and other various ways for your customers to communicate with you. Take advantage of these communication methods so that your customers have an easy time finding a way to reach out to you. Always be respectful, patient, and helpful with your customers. This is important even if all of your communication takes place online. In fact, it’s especially important if most, or all, of your sales take place online. Make sure that your emails are written professionally but remember to always keep a friendly tone. Make your customers feel appreciated. If your business grows large enough to require more help, it’s so important that you only hire people who will have the utmost respect and patience with your customers.

9. Focus On Your Strengths

When your company has grown large enough to require more staff, you will need to use, or develop, your management skills. Often when people are used to working on their own for awhile, they have a hard time delegating tasks and respecting boundaries with their employees. Just because you’re the boss doesn’t mean you don’t need some training of your own to brush up on your leadership skills. It’s important to remember that praise and appreciation create hard workers, while criticism and negativity create unmotivated and unhappy workers. Take inventory of your own skills and weaknesses and be willing to hand over tasks that someone else may be better at completing. Focus on what you’re good at and let others take over projects that they would excel at. If you show your appreciation for and trust in your employees, they’ll be happier and you’ll be more likely to grow a successful business.

10. Get Yourself Out There

Last but not least, it’s paramount for the growth of your business to network and make connections. Establish yourself as a influential leader who has a lot to offer to customers and other business owners. Making great connections can result in opportunities you would otherwise never get the chance to experience. By forming friendships and showing true leadership skills, your business will be booming with business in no time!

We hope you take these tips and tricks into your entrepreneurship endeavors. If you have any questions about our website services, please feel free to contact us. We will be happy to assist you!

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