Any business owner will tell you this: the hardest part in having a business is getting started. Once you get started, things will start rolling in. But before you do, there are many hurdles that you will have to overcome, on top of which is capital.
How can you start a business with no capital? Here’s something some business owners don’t know yet: the internet has actually made it possible to do so.
Now, you can put up an online business with little or no capital. Here are some business models that you may want to consider.
Thanks to the internet, you can now sell your products without the need for a brick and mortar store. You don’t have to pay for constructing a store, or renting a space.
You can have a free online store in several ways. One is to sign up with e-commerce sites like Amazon or eBay. Another is to put up your own blog. And lastly, you can also set up a store using your Facebook account.
Once you decide which avenue to go for, the next step is to determine what you’re going to sell. You have the option to sell your own products (handcrafted trinkets or accessories, homemade sweet treats and goodies, and so on), or promote other people’s products through a process called affiliate marketing.
Invest your time and effort, and for sure, you’re going to succeed with your online store.
Another popular online business model is event planning. This is perfect for those who love to organize functions and events—birthdays, business dinners, concerts, art exhibits and so on.
And because you’re going for the online route, there’s no need for you to have a physical office. You just have to set up a website to promote your services, and link this to your Facebook page.
Promote your event planning services even further by posting articles online. These articles should be related to event planning but should not directly advertise your business. The topic should establish your authority in the field, and benefit your potential clients.
It’s also possible to promote your business that provides a particular service using the internet. For example, you want to put up a cleaning business but you don’t want to invest money on an actual office. You can set this up online and promote it on social media instead.
The same is true for whatever type of business that you have. Whether you’re thinking of putting up a catering service, a manpower service or any other service business, you can always do this online.
So, are you excited to get started?