No money to start a business? No problem. Try these five options

You might be limited to a strict budget when you want to start a business, but that doesnt mean you dont have any options. It is possible to start a business with very little money, if you have the right combination of skills, work ethic and marketing know-how.

According to Chris Guillebeau, author of The $100 Startup, To succeed in a business project, especially one youre excited about, it helps to think carefully about all the skills you have that could be helpful to others and particularly about the combination of those skills.

Follow these simple guidelines to start a business when you have little to no money.

1. Make something. Yes, making something does take an initial cost in supplies, but oftentimes, these products can be sold for many times over their actual cost. What you decide to make is up to you, but there are several places you can sell your handmade options online:

Many business owners sell their products on multiple platforms to get the most exposure possible. It is important, however, to make sure your inventory stays updated on all sites you have a storefront on. If you want to learn about more resources for selling homemade items, check out this Lifehacker post.

2. Resell something. If you dont want to make anything (or you dont consider yourself a creative person), many business owners have grown large businesses just be reselling products that have already been made. This can be done through a variety of ways or channels:

3. Sell your services. One way to start a business with little to no startup capital is to sell your services, instead of a physical product. Theres a huge variety of services you can offer, depending on your background and interests.

Some will require advanced degrees, such as accounting, while others require little more than a working knowledge of how its done (such as babysitting, lawn mowing or personal assistance).

Because you are selling your services, you will need a branding plan to make sure your name and company gets in front of the people who may need the service. Some places that are free for promoting your services include Fiverr, Craigslist, Elance, Taskrabbit and Skillshare.

Its also useful to have a website to show examples of your work, list your experience, and blog about your industry to draw visitors. If you want to learn more about branding and online marketing, check outBuffer s social-media blog, Hubspot s blog, Content Marketing Institute and CopyPress.

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No money to start a business? No problem. Try these five options