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And with these 18 in-demand businesses that have relatively low startup costs, a startup loan, although a viable option, may not be required. 1. Social media management
While many counties require a business license to operate even a sole proprietorship, these typically start on the low side — around $50 — and may go up based on how much income you earn.
If you want to start a business but are unsure what type of business is best, check out this list of 20 good small business ideas to help you decide. 1. Virtual assistant
The first lean startup meetup named Lean Startup Circle was created by Rich Collins on June 26, 2009 [39] hosting speaking events, workshops, and roundtable discussions. As of 2012, there are lean startup meetups in over 100 cities and 17 countries as well as an online discussion forum with over 5500 members. [40]
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]
The term seed suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding , and crowdfunding .