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Starting A Business With Very Little Money

Q. First of all I would like to thank you for your service. How do I start an online business with very little money.

Advice by Tammy Harrison

A. It looks to me like you need to decide what type of business you want to start. There are a wide number of opportunities to begin with depending on your taste, talent, likes/dislikes, passions, etc. I recommend sitting down with a pen and paper and listing out all of the things that you like to do. My philosophy has always been 'if you are going to work from home, find your passion. Why live in a great home and do work that you dislike?'

After you've made your list, start doing searches for opportunities. One of the hottest opportunities on the web right now is publishing eNewsletters/eZines. If you are an expert and can come up with a niche, I recommend starting here. You can use your website to archive the ariticles and for people to sign up for your publications. Once you have a large subscriber base, advertisers are likely to follow and should help pay for your site and publications.

If you want to sell something, what would that be? You will need some type of way to collect payments or a shopping cart (read: money needed for investment). The opportunities are practically endless - but try to narrow it down to things you are truly passionate about.

Best of luck,

About the PowerHomeBiz.com Guide: 

Tammy Harrison is a successful home-based working mom for over five years. She holds a degree from Mizzou in Consumer Economics. Her business focuses on Marketing and Creativity for Small Businesses.  For more information, you may contact her at http://www.jdharrison.com  

 

The opinions expressed in this column are those of the author, not of PowerHomeBiz.com. Users should not treat the Guide's response as legal, accounting, or professional advice as all answers are intended to be general in nature. Such advice can only be properly given by qualified professionals who are fully aware of a user's specific geographical areas or circumstances, such as an attorney or accountant.

 

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