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Which is the best strategy to start new business in existing market with minimal or no Capital?

the best strategy to start up new business , or the best business to startup with minimal or no investments.

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Question added by Shahabuddin Khuram javed , Sales Executive , Al Ahsan Advertising Gifts LLC
Date Posted: 2013/12/24
Rehan Qureshi
by Rehan Qureshi , Financial Consultant , Self Employeed

you must have good experience and links in the market where you want to enter

don't know,every one have his own idea..good luck broo

Azza Al-Shaikh
by Azza Al-Shaikh , Senior Content Consultant , TMD | The Marketing Department

An online consultancy business in your field of expertise would be a start, using your internet access to promote your online business offering your services to your professional and social networks. Another idea brokerage also works promoting other people’s business (products and services). Everything you need to build an online presence now is available and the good news that it’s “for free” If you are talented,resourceful and got the will then you will find that there are so many ideas and different paths to success. As they say “where there’s a will there is a way”

Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

Prepare a winning competitive strategy and make a sound business plan to draw investors.

Menerva Melad
by Menerva Melad , Account Executive, Key Accounts , Graphic Home Company

don't know

Starting your own consultancy firm.

Nancy Refai
by Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

I believe only consultancy firms can be totally dependent on knowledge rather than capital. As for the marketing spread through social media and more depend on your contacts and snowball from there

Atul Joshi
by Atul Joshi , General Manager , Pratt Muller Distributors Limited

Go for the online model it is the cheapest

Subhranshu Ganguly
by Subhranshu Ganguly , Quality Analyst. , WIPRO

Any business to be successful has to start from a small beginning. The risks are lower and once you learn the ropes(know the in and out of the business)  you can put more money and employ more people.

·         Courier business and business as a financial agent can be considered if you know your locality and like interacting with people.

·         The returns are not very high but there is no financial investment needed except for a by cycle.

·         If a young man has passed high school and can ill afford college fees can go for this venture to be financially independent.

·         When he passes college then this work experience would be valuable.

·         He would know how to behave with different type of people. This experience would be more valuable than any experience certificate which can be bought now a days.

Moinul Islam
by Moinul Islam , HR Manager , NTIER Softwares

Let some one start the business and you partner with him as a consultant. That could be one of the ways.

In the present times, nothing beats an e-commerce set-up or some other form of digital startup.

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