Home Business Start Up On A Budget

by WorkFromHome on October 27, 2011

Every successful work at home business requires basic supplies in order to operate, such as office furniture, advertising, and a computer. After you compile an extensive list, highlight the essential tools required to start your business. Rather than go into debt, follow these tips to save money on your home business start up costs.

Furniture and Supplies

As a resourceful home business owner, creatively stock your business with items you already own. Find sewing material, cake decorating tools, or drawing paper in your kitchen cabinets, craft room, or storage bins. A spare desk, a kitchen chair, and extra stationary meet your needs until you make enough money to purchase new items.

Purchase used items at a discount for your business. Search yard sales, local auctions, pawn shops, online auctions, newspaper classified ads, and going out of business sales for materials, tools, computers, and furniture.


Online printing companies offer introductory rates for first time orders. Search online for deals on checks, business cards, and advertising tools such as vehicle magnets and flyers.
You can also print your own advertising. Design and print your own business cards on heavy cardstock or use online forms to create flyers and price lists for your products and services.

Advertise your expertise to potential clients by teaching classes in the community. Churches, civic groups, recreational centers, libraries, and retirement homes offer classes to community residents and allow you to share your services and products.

Other affordable advertising outlets include product demonstrations at local community events. Local fairs, farmer’s markets, business open houses, or anniversary sales provide you with inexpensive opportunities to share advertising literature or samples of your services. Additionally, give samples of your work or coupons to your children’s schoolteachers and activity leaders.


Nearly every work at home business needs an online presence. Contact a graphic design school or high school computer lab for inexpensive logo or website design. Additionally, several online sites offer websites that require simple cut and paste for the elements you wish to include.

Blog or start a social networking site for your work from home business. Share industry facts, special offers, and details about your products. Sign forums or comments on related blogs with a link back to your website.

Insurance and Legal Matters

Your homeowners insurance may cover your business insurance needs. Read the small print on the policy or contact your insurance agent. For additional coverage, consult a broker to compare the best offers on business liability, vehicle, and property insurance. Your local Chamber of Commerce or professional trade organization may offer affordable coverage to members. Consider bundling multiple policies, raising the deductible, and paying once a year to lower premium costs.

Save money on legal fees by accessing an online legal site for document preparation. Prepare client contracts, fill out a fictitious name application, or apply for a federal tax number using online legal assistance and forms.

Phone and Internet

If you want to turn a spare room into an office but need additional phone lines or jacks added to your home, consider utilizing your current space until you can afford to hire an electrician. For immediate electrical needs, barter services with an electrician friend or call a local technical school to hire a student intern.

Shop online for special deals on phone and internet services. Bundle services to save money. Analyze your phone and internet usage needs, and find a plan that covers only the minutes or data you use. Compare unlimited access costs with pay per use costs, and investigate plans from various carriers. Ask about loyalty rewards or discounts for additional phones for family members or employees.

Companies offer discounts when you sign a long-term contract. Carefully consider this option, and make sure you understand and agree with early termination charges. Verify the details of each offer, and print copies of all agreements and purchase details. As your needs change, adjust your service plan. Remember to keep accurate financial records in order to deduct home office expenses.

Hire Family

Many small business owners need assistance with distributing advertisement flyers or delivering products. As an alternative to hiring an employee, consider hiring your child, a sub contractor, a part time college student, or retiree. You will save payroll costs by hiring family or part-time helpers as needed. Consult an accountant to determine the best strategy for your business and to ensure you follow IRS guidelines.

With resourcefulness, creativity, and research, you can save money when starting a home business. Reuse items in your home, and shop for the best deals. Start small and gradually build your business inventory as you make sales and build your clientele. Exercise frugality for work from home success.

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