How do I start a business with no money?

Steps that keep cash needs low:

1. Pick a service, not inventory. Cleaning, lawn care with your own mower, dog walking or tutoring need little upfront.
2. Use what you own: your car, phone, computer and basic tools.
3. Get first customers from people you know and ask for payment on completion.
4. Register only what is required. A sole proprietorship using your legal name needs no state filing; check city and county licenses.
5. Put a share of each payment back into the business and buy equipment as steady clients justify it.
6. Track every dollar so you know when you can afford the next step.

Funding options the SBA describes:

• Self-funding: you keep full control but carry all the risk; do not spend more than you can afford to lose.
• Crowdfunding: backers usually get a perk or product, not ownership.
• SBA-guaranteed loans and microloans through participating lenders, once you have a plan and numbers.
• Investors: usually take an ownership share and a say in the business.

Some businesses, like food trucks, are hard to start with nothing because permits and insurance come first.