Editor’s Note: Today’s guest post was submitted by Nerd Wallet, a resource driven website that makes recommendations and provides education to help consumers and businesses improve their finances.

Even if you have a great plan for a business, it takes more than an idea to effectively run one.

From money management to administration, many factors go into making a business well rounded, and the foundation of a successful business is money. Although many may think that business owners need truckloads of money to get started, there are numerous ways to create a business on a strict budget. Continue reading →