Contest : How to start a business with small capital

_{small capital business, picture taken from my phone}

So many individuals find it very difficult and challenging to make a bold step regarding their business start-up. Why? Because they have low capital, and with this, they'll be afraid of failure. Do we have strategies in which we implement so as to start a successful business with small Capital? Read below it may help.

• Build relationship

This is very crucial because it foster that unity between the business owner, customers and partners. If we have that strong bond, it'll create a path for more business deals. I know of so many people that started a business with low or small capital, but today they're one of the biggest and popular entrepreneurs.

• Reinvesting

Another strategy is to reinvest the profits we make from the business. Let's say we're selling garri, then we bought just 50 cups for the start, at the end of the day we sold everything off with profits, at this point we reinvest the profits by using it to purchase additional cups of garri plus the 50 cups start-up. Gradually doing this, we'll one day buy garri in bulk and automatically we because a successful entrepreneur.

• Social life

Our customers are the number one priority in our business organisation, they're the one that will determine the success rate of our business. So in this case, we should approach them socially, jovial and polite. Even if we're starting a business with small capital, we can take our business to the next level depending on how we deal with our customers, don't forget they're the pillar in our business organisation.

• Collaboration

Though we may find success starting a business with small capital, it'll be more easier if we collaborate or partner with longtime entrepreneurs.

_{picture taken from my phone}

I started selling engine oil with just 4 litres, i fought very hard before making some sales daily, but after my Collaboration with Rainbow limited petroleum i do make a lot of sales and my small business with small capital is turning into a big one. As you can see, i have some rubbers of engine oil.

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