How To Save Money For a Business

[Spencer]

If you're planning on starting a business, there are not so many ways to make your dream a reality, first of all, you can get money through your family, or through a Kickstart or a investor but the most common way to raise a capital is through your own savings.

You'll have to figure out a percentage you can save and also calculate the time it will take you to save your business capital, from there then it's all about being patient and consistent with your savings.

What other advise do you have for people that want to save money to start their business from their jobs?

 

[Mika]

You need money, skills, knowledge and experience to start a business. If you intend to start a business, you should first build funds, then acquire skills, knowledge and experience. One of the easiest ways to build funds and also build skills, knowledge and experience is by working on a job. When you receive salary you can start saving some portion of your salary to build your business fund. Working in a job also builds your knowledge skills and experience