high initial costs

Is It Possible to Start a Business with Low Initial Costs?

Yes, it is possible to start a business with low initial costs. Entrepreneurs can explore several low-cost business ideas or adopt strategies to minimize expenditure:
Online Businesses: Starting an online business can significantly reduce costs related to physical infrastructure.
Freelancing: Offering services as a freelancer requires minimal upfront investment.
Shared Workspaces: Utilizing co-working spaces can reduce the expense of leasing a dedicated office.
Minimum Viable Product (MVP): Launching an MVP allows entrepreneurs to test their concept without a significant financial commitment.

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