How To Start a Business for Less Than $100 #WMW16
We've all seen those episodes of Oprah where the mom had an idea, and for less than $100 she started a multi-million dollar company. I've personally met several women over the years who have done the same thing. Although it's not easy to turn $100 investment into a multi-million dollar company, it is very simple to start a business with less than $100 and save approximately $27,000 from the tradition model of business start up.1. Set up your business as a sole proprietorship rather than a corporation. Go to IRS.gov and set up your business TAXID number for a sole proprietorship that's different from your personal social security number. Setting up a TAXID number is free (sole proprietors can also get free checking accounts for your business this way…
