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Starting your Direct Sales business and How to Finance It

Want to start your own business but do not have the money to do it?  Here are some methods to help finance your startup and get you going.

Direct sales can be a very exciting industry, and when you find the company that suits you, you are ready to jump in with both feet and get started.  Unfortunately, sometimes having the money to get started, even an amount as little as $20 can be difficult to find, but there are some things that you can do to help you with this.

Money cash

Money cash (Photo credit: @Doug88888)

Have a Party – One of the best ways to get started is to host your own party!  If you have found someone to sign up with that is local to you, see if they will come over and do a party for you and give you all the sales.  If your friends know this is going to be your debut party, they will likely come out and support you.  Not only does this get you your kit, but it also gets you started on any new consultant program that your company may offer.  Be prepared to sign on the dotted line the day of your party, or else the consultant that did your party will be within their rights to keep all sales and you won’t get the proceeds to signup.

Odd jobs – Can you do some odd jobs for friends, family or others?  Check your local classifieds for people needing help with various things like house cleaning, dog walking, lawn mowing or anything else you are capable of doing.  Before too long you could have the money raised!

Garage Sale – if the weather is nice, haul any unneeded items you have onto your driveway or lawn and try to sell it.  Once you get started sorting out your house, you will be amazed at much you can find to sell.  Remember that you will never get as much for your items as you think they are worth, for instance, books will sell anywhere from a nickel up to 50 cents (at least where I live).

Borrow – See if you have a relative or friend that might lend you the start up fee or help you in some other method.  Maybe you can ask a few different people to help you out.  In return, you will want to pay them back and you may want to offer them a discount on product or something else as a thank you.

Charge – Do you have a credit card with some room on it?  While it is always best to buy things with cash, you can put your kit on credit.  Make sure you take any money you make at the party to pay it back before you start paying interest on it.

Payment Plan – Does the company you are signing up with have a payment plan?  If so, use that.  Or you may have to choose a lower level kit than what you want, and work on building it up with profits.  There is nothing wrong with doing this.

While direct sales may be cheap to get into, sometimes cheap is still hard for some people, and they are joining a company to make money.   Don’t forget that there are additional costs in direct sales that you will have to have money to pay for, even if all you get are new catalogues.

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