Starting a business with small capital

nick08 · 11-08-2008, 05:34 AM

Well it really depends on how much you are willing to spend and what your risk tolerance is.

If you are planning to build an online biz, affiliate programs can help you.

The problem with any business is getting enough traffic or visitors to it that are willing to buy.

So here's a low risk approach:

Overview: build an affiliate site to bring traffic to your future online shop.

1) Build an affiliate business focused on your market (ie. music)

2) Put money or time into creating content and promoting it

3) Once you're earning 4-5 figures, make an e-commerce site.

4) That affiliate site will have a lot of traffic. So simply, you promote your e-commerce site through your affiliate site. That's an instant traffic generator to your e-commerce site.

If you create your e-commerce site first, buy a bunch of inventory, and you can't bring enough traffic to it to the point that your inventory is old - you'll be losing money. Traffic is something that you'll need and affiliate sites are a great way to train yourself for your future shop.

flaco · 11-08-2008, 05:39 AM

That's actually a really good idea. Make sure you can get enough sales and then just cut out the middle man and make much more profit.

semwhite · 09-30-2010, 05:56 AM

To start a business you will need to choose or create a business idea, Well I think that Some types of financial aid are best suited for a case that another type of activity, location, future plans and the amount of financial aid requirements are factors in deciding what type of financing may be your best source of capital for your business.

annegeorge · 10-13-2010, 07:27 AM

Starting any business, is really great as it is one of the step forward to success, tarting and running a successful small business isn’t easy, starting a business with a small capital is might be difficult, according to my point of view, I think that bank loans burden the business with an additional expense of the loan payment, which can erode the business profits.

sam · 04-07-2011, 09:55 AM

starting a business with small capital is a good choice, but it depends upon you how much you are ready to spend, and how much risk you can bare, because business is based on risk
till the time you don't take risk you may never get a chance to taste success.

1. you can open BPO with small capital, there is a huge amount of profit in BPO. if your BPO start getting good response there is a huge amount of profit you can earn.

2. you can also have data entry business, in this also there is a huge amount of profit you can earn. in this there is 100% chance to earn profit, but it is only possible if you give 100% effort in it.

joseph · 04-07-2011, 10:23 AM

Dear friend,
Your above mentioned idea is appreciable, i really like it.
Thanks for sharing with us.

summerwilkins · 04-25-2011, 09:26 PM

I would suggest if you are good in writing and has excellent english skills
you can go with article marketing.
It is the cheapest biz I can think of right now.
Actually your capital would just be the effort of writing the article