If you’re getting discouraged trying to find profitable low investment business ideas that won’t cost you an arm and a leg, then you need to read this…
Confused about all the ads you see online for supposedly low investment business ideas? Not sure what’s legit? Not too sure whom to trust?
Look, no one can blame you for being skeptical when looking for an online business – there’s so much out there. And if you think you can reduce your risks by only going after a low investment business, you may want to guess again.
The Hidden Cost of Low Investment Business Ideas
On the surface it may seem that a business is low cost, but you need to ask yourself what are the real costs of running it day-to-day…
Here are some costs to consider before you sign on the dotted line:
- The cost of the rent
- The cost of the insurance
- Autoship Costs (if you’re in network marketing)
- The cost to hire employees
- The cost to keep inventory
- The cost of security measures
- The cost of advertising
- The other infrastructure costs
You see that sometimes low investment business ideas are not always so low cost after all when you have to take into consideration other costs. This can be discouraging to say the least, but there is hope.
Here’s something to think about…
How to Banish High Business Costs in Two Snaps…
According to the Small Business Administration, most new businesses never make it to the two year mark (see this). There are lots of reasons for it, but the number one reason is lack of cashflow.
If you can’t make enough consistent money to cover your overhead expenses like payroll, insurance, autoship costs, and rent, you’re going to go out of business a lot sooner than later.
So, when you’re searching for low investment business ideas, you want not only look at the costs to start the business, but the daily costs to keep it going.
The biggest way to crush your expenses is to choose an Internet-based business. Having had both online and offline businesses, I can tell you that having an web based business is so much easier and simpler to run.
The best part of an online business is that you have better cash-flow because you don’t have overhead expenses eating into your revenue. This is huge!
Never before have their been so many people making a nice living solely off of what they make in an Internet business.
If you’re truly looking for low investment business ideas, then at the top of your list should be web based businesses. The potential for a thriving global business is enormous when you’re internet-based.
So, now that you know to look at businesses beyond the start-up costs, what’s probably on your mind right now is what kind of business you should start.
Low Investment Businesses
Because the risks are greatly reduced and because you can get into profit faster with an online based business, the businesses listed here are all ones that can be done at least partly if not fully on the Internet.
Also, all the businesses listed here can be started with less than a hundred dollars and some can even be started at no cost at all.
- Network Marketing / MLM
- eBay / Amazon (Fulfillment By Amazon) / Drop-shipping
- eCommerce (Etsy, Tripleclicks, etc)
- Online T-Shirt Service
- Affiliate Marketing
- Consulting for Offline / Online Businesses
- Sell Your Own Products/Services Online
- Sell Your Marketing Services
Do any of these businesses sound appealing to you? With so many choices, do you find yourself stuck as to where to start?
How to Jump-Start Low Investment Business Ideas
The single most important thing to really understand here is that when you’re looking for low investment business ideas consider the entire cost of running the business day in and day out.
Once you understand that important point, the next thing you want to really consider is choosing a business where you can get into profit a lot faster.
The Truth About Network Marketing and Affiliate Marketing
Nothing can get you into profit faster than an Internet-based business, but you must remember that not all web businesses are created equal.
Network Marketing Businesses
A network marketing business can take time to build especially if you’re building a team. For this simple reason alone, a lot of marketers have used retail information products as a front end to bring in upfront cashflow.
This is something to consider if you feel like you’re not making money quickly enough in your network marketing business.
Affiliate marketing, which is selling someone else’s products/services, can be quite lucrative. However, a lot of marketers don’t diversify their income streams and as a result are waiting weeks to get paid on sales they generated several weeks earlier.
To make matters even worse, is that sometimes in this time frame, charge-backs occur and you as an affiliate marketer don’t get the income you thought you would get. When you have bills to pay and business expenses mounting up, this can create immense frustration in your business.
The biggest way to combat this is to have instant cash products inside your marketing funnel. These products usually pay commissions to you via PayPal or a similar payment processor as soon as the customer pays.
This gives you instant cashflow that you then can put back into your business so you can grow it even faster and even have money left over to do as you please.
One popular product that pays out in instant commissions via PayPal is this one here.
In the End…
No one probably told you what you really needed to know about low investment business ideas – until now.
There’s always more than meets the eye besides the costs to get started. You want to be here for the long-haul and not be some flash-in-the-pan business that’s here today but gone tomorrow.
And it all starts by making smart business choices that deliver faster profits with lower overhead costs.
There’s nothing quite like a business that helps you achieve your financial goals that much faster!
Choose low investment business ideas that put more odds of success on your side…
After all, you are playing to win! 🙂