Developing your career usually requires making an investment in yourself – this could be funding an education geared towards getting the required qualifications for a career you want, saving up to move locations so that you can get a job in a certain industry, or even pitching for investment to start-up your own business. If you’re low on funds however, it can seem like career development is out of your reach. That doesn’t have to be the case though – there are ways that you can get started which are far more affordable.
Finding Funding For Education
Depending on the profession that you’re pursuing, you may need a certain degree – professions like medicine, engineering, architecture and law all require you to earn specific qualifications. The relatively high entry cost of pursuing these at university can seem intimidating, but there is financial support out there, whether you’re a teenager thinking of your next steps, or an adult wanting to retrain for a new career. Finding a guide to grants and bursaries is a great first step to see what financial assistance is available – it will depend on your circumstances and what you want to study. You can search for scholarships and bursaries, and you may be eligible for additional financial support if you have a disadvantaged background. You could also think about going down the route of a degree apprenticeship – this allows you to study and work at the same time, gaining a wage and experience.
Start A Business Online
The world wide web has opened up unimaginable opportunities, and never more so than when it comes to starting your own business. Suddenly, there are lots of platforms connecting people and customers which make it far easier – whether you want to start reselling on eBay, set up an dropshipping business with an online storefront or use your skills to become a virtual PA. It’s very possible to start up with little more than a registered domain and build something gradually which turns a profit. This could well be a secondary line of income which helps you to finance your education or a main career, and if handled well, it has the potential to turn into a viable full time business.
Create Your Company
You might have started online and be looking to expand into the physical world, or perhaps the type of business you want to run can’t be done purely online. It will require a little more investment, but don’t give up at the first hurdle. There are plenty of ways to streamline costs a little. If you have a garden shed, a spare room or a garage that you could make into an office, you may not need to rent a premises. Everything from office equipment to fleet vehicles can also be purchased second hand, making a huge saving on upfront costs – work with a specialist dealership like CVS Vans and you could get your business on the road without having to pay out for new vehicles. Investigate local government funding for start-up businesses and you may find there is more support out there than you realised to make your dream a reality.
Have you got any money saving tips for people looking to start a business? Share in the comments below.
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