Let's take a look at three proven methods of bootstrap start up:

Tip #1: Start a Small Business from Home

When searching for the most profitable business opportunity without the need for start up loans, a home based business wins hands down. By choosing this option you are eliminating roughly 32% of a traditional businesses' overhead costs.

Just consider the savings:

No office lease payments No setting up services with utility companies (and no cash outlay for deposits) No fuels costs for commuting to work Decreased car insurance rates Reduction in child care expenses According to a recent study, American companies could add more than $260 billion to their bottom line profits if their employees worked from home. There is simply no question that working from home is the smartest option for starting a business with limited resources.

Tip #2: Find Business Ideas Which Require Very Little Start Up Cash

Choosing the right business opportunity is the key ingredient to starting a small business without start up loans. Afterall, not all businesses can be started without bank loans. For example, is is near impossible to start a retail store without a considerable cash investment. Unless you have stockpiled a sizeable lump sum, it is very likely that you would need bank loans to be successful with a retail business.

It is, however, possible to start a janitorial business without borrowing money. Finding profitable bootstrap ideas will require some internet market research. Do your homework and be on the lookout for "too-good-to-be-true" claims of instant wealth.

Tip #3: Find Free Sources of Business Start Up Funding

The third and final factor for bootstrap success is saving money on initial business start up expenses and daily operating costs. Reducing these costs at the business planning stage is essential for the long term profitability and success of any newl business. What many budding entrepreneurs don't realize is that there are many creative strategies for starting a business without a heavy debt load from start up loans or borrowing from family and friends.

You can make your dreams of small business ownership a reality. Starting a small business without bank loans requires greatly reducing business start up costs and operating expenses. Eliminate or reduce these start up costs and you'll discover the secret to bootstrapping your business.

Ready to Get Started?

Check out "The Start-Up Business Survival Guide: 101 FREE Products and Services to Help Finance Your Dream of Successful Business Ownership" at http://www.startupbusinesssurvivalguide.com/ .

© 2009 Kimberly Kelly - All Rights Reserved.

About the Author:

Kimberly Kelly is a Certified Start-Up Business Consultant. She teaches new entrepreneurs the secrets for finding free sources of business start up funding through her ebooks, seminars and coaching services. Visit her website at: http://www.best-small-business-to-start.com/.