You don't need a lot of capital to start a business. Ultra-light startups are a category that lets entrepreneurs use the power of the Internet to get started on the cheap. Ultra-light startups leverage every creative technique and use of the Internet to do everything for free or for very low cost. Everything they do is based on holding down the use of capital, but at same time generating revenue. It's not the easiest thing to do, but it is possible! Here's some advice to get you going.

1. Get a business plan in place

If you need help writing a business plan, the Service Corps of Retired Executives (SCORE) is a group of volunteers who provide free advice and counseling to people who want to start a business, grow an existing business or are in trouble with a business they already have.

Depending on the chapter near you, a SCORE mentor will either meet with you or you can attend a class on how to write a business plan. Visit for SCORE.org to get started.

2. Find the talent you need to realize your idea

Thanks to technology, you can hire the best tech, design, marketing, accounting and back office freelance contractors to help you realize your business idea.

Sites like crowdSPRING.com, eLance.com, Guru.com and oDesk.com let you post a job and field bids from qualified vendors around the world. These sites are in a category called "virtual hiring halls" because they're a modern adaptation of the union hall idea where workers would go to await job orders.

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