I found a few tips for saving money to become a self made entrepreneur and same are listed for all to benefit.
1. Start small and later on graduate at higher scale. test the water before committing all eggs in one basket.
2. One must focus on getting the converted sales and not fake promises orders.
3. Networking is the order of day and it can get you 30% of orders.
4. Have minimum overhead expenditure.
5. Use internet banking to monitor transactions online especially statements.
6. Avoid unnecessary debt. A number of lenders are available for good ventures.
7. Clear payment terms in contracts.
8 Profit be invested in business to grow.
9. Public relations is a must to give fillip to your business.
10. Business bartering is a must to ensure minimum outgo for others services.
Saving Money for Start Up
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