Starting a business without capital in 2022

cherry123

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I read that you can start a business without money. You just have to be trustworthy and approach the wholesalers to buy on credit and pay later. Do you think this happens in reality? can someone start a business without money?
 
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Edulady

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In my country we have a lot of those. My cousin started her shop like that. She got her first stock on credit, her shop was filed with goodies and everything she needed. Then she started paying them off on. Amonthly based on her profit.
 

eldavis

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Years back this might actually be possible but not presently. I don't think there is anyone willing to take such risk when it comes to their business. It's pretty hard to find trustworthy people, hence no one is willing to trust anyone.
 

NurseFlo

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Well I wouldn't write it off but I would say this is most likely when the creditor knows the debtor and can vouch for them morally. Otherwise, it would be quite risky for the one lending money.
 

cherry123

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In my country we have a lot of those. My cousin started her shop like that. She got her first stock on credit, her shop was filed with goodies and everything she needed. Then she started paying them off on. Amonthly based on her profit.
Yeah a lot of businesses I know have started this way. You just have to be trust worthy to enable the wholesalers trust you wholely.
 

Mikky

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I read that you can start a business without money. You just have to be trustworthy and approach the wholesalers to buy on credit and pay later. Do you think this happens in reality? can someone start a business without money?
Yea its very much possible to start up your business on credit but you have to have something worthy enough to be a collateral, trust here is a rare word.
 

gammarays

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You can start an online business from scratch without capital. You can run an agency where you collect commission by linking buyers with sellers. You can also get a seller to buy a product at your own price and get the product from a cheaper seller.
 
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