Financing a business is one of the hardest things any entrepreneur will ever have to do – and many never find the funding they need to get started externally. If you are determined to get started though, there are ways to whittle down your budget, so that you can redirect money you’re already spending into a business start-up fund of your own!
Let’s look at some common household expenses, and how you can shave some money off them to spend on your business.
Housing or Accommodation
If you’re renting a home, then you can save money for business finance purposes by considering a smaller home or a home in a less costly area when your lease is up. If you live alone, and you have a spare room, then you might be able to get a room or house mate, to cut costs.