There are a multitude of ways to finance your product selling business so careful planning and research is essential. Writing a business plan complete with initial startup costs will help you formulate a plan.

This week Michelle discusses common startup fees, such as internet access, domain name, web hosting, web design, and legal fees (just to name a few!) She also walks through the different ways to find the financing you need, which will be different for every business owner. A few examples are to use money from your savings, use extra money from a current job, have a garage sale, sell on ebay, or borrow money.

Talking to other product sellers or hiring a business coach can be essential to business success. Very often these mentors can tell you mistakes they made so you can avoid them.

 

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