Many potential entrepreneurs fail to realize the dream of owning their own business due to lack of capital to invest. In fact, some capital is necessary to survive the first few months until the company starts to turn a profit. However, it is possible to minimize this problem and take even without all the necessary resources. The challenge of success will be greater, and the lack of capital can be a stimulus for innovation. The following tips can give us idea that things do to take no money.

1. Prepare. Prepare to cover personal expenses during the first months. If you do not have a reservation for that, consider the hypothesis to start developing his idea while he is still employed.

Part of that preparation includes making sure as far as possible, that your idea has potential to function. Do this segment talking with business, researching your audience and try to give a differential in your business.

2. Use other people’s money. If your idea is good, you will not have much difficulty in selling it to potential investors. Experts recommend transform the opportunities that have been identified in the market, a powerful sales pitch that will attract people with money to invest.

The investor may be a bank, government entity or individual. Never mind. Try all possible paths, as if the idea is good, the speech also, the money will soon appear.

3. Make strategic partnerships. Collaborating with customers or suppliers can be a good way to cut costs. If they like your business idea, can accept the risk with you and receive payment after the business is already running. Offers good conditions for more attractive.

4. Invest in Networking. Having a good network is essential to undertake especially when you have all the necessary capital.

Your contacts can help you find potential investors to disclose their business idea or product word of mouth, which is very important to create a reputation for your company.

5. Have a plan of action. You must be flexible if you are trying to open a business without much money, but that does not mean you do not need planning, especially concerning resource management.

Try to set goals and discover what you do not know about the business. Develop a detailed business plan.

It is essential to know to place the idea on paper and above all in reality.

“October 1975. Stan prepares to become the first Russian cosmonaut on the Moon. Andrei, his best friend, manages the mission. In the tense days before departure, Yulia think Stan’s wife, which both are in love since arriving in the City of Stars, more than ten years ago. “

Thus begins the story of The Cosmonaut, a Spanish feature film project currently underway, with a new model of financing, production and distribution, which takes advantage of communication tools available today: Internet, social networks, communities and mobile. As far as funding concerns are involved thousands of people across the crowd funding, so that after only two Euros anyone can become a film producer, receiving a welcome pack and the appearance, nothing more unless, in the credits. In the words of the project management team, “if you want to add something more, always get something in return.”

Asking for money from people offering something in return is not new, has always been there. Before a person who had pulled a business idea, for example, telephone and called his circle more or less close to try to get financial support to back your project. In this way, could reach twenty, maybe thirty people. Now, thanks to social networking phenomenon and of course, anyone an entrepreneur, you can easily access thousands of friends, contacts or followers that you can present your project directly and ask for funding. Hence, the crowd funding is fashionable, it is temporary or not, only time will tell…

Reaching the taxation back has several steps in our efforts to link the promotion in terms of skills and management skills of each individual. Criterion, that of being a maxim in all enterprises, ensure that both the board as all departments of our company we have the best people, regardless of sex, religion, age or race.

However, as concluded by the European Union, nor is there evidence that the same can be achieved without intervention, particularly in sectors where women are a minority, such as in the area of research, so it is necessary implement policies that promote women’s participation in a pro-active. In addition, in this sense, it is important that women benefit from positive discrimination measures was satisfied that the aim here is not their individual benefit, but that is a big responsibility that they bear as ethics and vision to ensure that future generations will not need these steps to assume positions of responsibility.

In this direction, away from the imposition, the key to equality is that the Spanish companies develop internal promotion policies. Linked to the competencies and professional skills and a willingness to apply the law relating to conciliation and to facilitate and Equality ensure that both women and men, have the same options to assume positions of responsibility without jeopardizing their personal and family life. (more…)

Likewise, it is important to observe how you use that money in the future and if this is done to add value for shareholders. This is one of the main functions of good management of companies and a scale under which we should measure the managers of our businesses.

There are five options available for any director:

* Extending its own operations
* Buy businesses
* Investing in companies through market
* Repurchase shares
* Pay dividends.

The mission of management to determine how it will be the evolution of the company, which will be its expansion needs in the future and design a strategy that bring the maximum value to shareholders (who are ultimately the owners).

If the company has a profitable business model with clear competitive advantages and opportunities for organic growth, the best thing to do is expand their own operations. This eventually can create great value for shareholders, and is the strategy they have taken the majority of companies known as “growth” (growth companies). (more…)

One of the balance sheet asset that can help us better understand the business model a company’s inventory. This can be found at the current assets.

Most companies that produce consumer goods, have the following type of business: First, make a product and then sell it. Within a period of time that passes since I made up that sell it, the product recorded on the balance of the section on inventory.

Often, in complicated situations, the companies before taking losses, accumulating and making her increasingly large inventory. This is dangerous because at some point will have to get rid of that inventory, and as generally more “age” has an inventory, the less value it has, as consumer goods tend to lose value over time.

So the first things you should look at is whether the accumulation of a company’s inventory is within reason. As every business model has specific characteristics, it is always interesting to take these data into context of the same company. By this, I mean look at how evolution has been the inventory of the company in previous years. If the inventory has grown disproportionately, may be a sign of trouble on the horizon. (more…)