When we are discussing a possible investment but we miss the budget, we always recommend not ask for money to make any kind of investment because, by definition implied an investment is a risk. One of the basic rules of good financial education is never invest money that we need, because it would be irresponsible.
There are different ways to implement a project or an idea, you first need to make numbers and see what you need, quick loans can be a helpful tool. Make a list with estimated initial costs may be important, but we can not forget that from that moment will come a series of regular bills that should be taken into account. Training is something that we often overlook and should be included in any business plan, perhaps not as initial expense when you go start the project, but of course if we have to give much importance from there.
We have already discussed in previous posts about current problems between the physical business and online business, I do not will lavish me too in this section but do not want to miss the opportunity to tell you that even though a physical business if you have a lot of expense, are all agree, but nevertheless, the immediacy with which things get internet is something that needs to improve, when compared to a traditional business. The costs are higher but have different characteristics, we can not mount an online bar with current technology, so if your project needs to have a physical presence, do not be afraid fixed costs (better than your plan of action is very good ).
In the online business does not have high initial costs, we agree all that will be best suited in the day. Fixed expenses are only 3 digits in most projects, you may have more to evaluate the sacrifice and constancy to realize that monetary paragraph. Always it is important to be formed and to last. Internet is a very competitive market but if anything stands out is its volatility. You must pay attention every day to what is emerging, to developments and how they will do things. A few years ago the rules were different from now, they will be even more different in another 5 years so be formed and slope is something that you include your online project costs.
Another way to start a project like we have in the School of investment in our real estate section where you are valuing spending is both the formation and the system. Importantly between a project started from scratch or project purchasing a system, either a franchise or work system, this gives you a different perspective, since you have an active mainly either because you bought or have you created . We in our real estate department are providing ongoing training and focus on creating systems. Such projects require a lot of vision and perseverance, but where it really is the aqueduct. Remember that we need to create an aqueduct and not go carrying buckets of water. Create a system that works to give us money and we work to make money.