By Jon Allo.
Quite a number of people dream of starting their own businesses, but they don’t have the capital to invest in a traditional brick and mortar business. However, due to technology and the Internet, there are now many low-cost options that you can utilize to get started building businesses you can start from home.
1. Virtual Assistant
Although it appears that there is competition in the Virtual Assistant field, you can still become a VA and make a good wage. You just need to think outside the box a little.
Rather than join a freelancer site and compete against others who can work for peanuts, think locally. Scan your local business environment and decide on the types of services you can offer virtually and start offering them locally.
You may need to get a license but you can do so easily by studying and taking any required test at a testing centre or online.
Once you get your license you can start selling or marketing yourself to local small businesses. Almost every business needs a bookkeeper so the opportunity is huge. When you get the job, you may need to stop by their businesses at least once a week to pick up information. Alternatively, you can use remote online systems to get into their bookkeeping software.
3. Online Business Manager
Many people who run online businesses need online business managers. An online business manager does pretty much what a business manager for any business does, they just do it online.
They manage resources and people to lead the business to achieve the goals set by the owner. As an online business manager, you will likely be responsible for organizing, planning, and finding the team to implement the goals that the owner wants to meet.
4. Amazon FBA
FBA stands for Fulfillment by Amazon. There are many ways to enter into this business. There is a lot to know about this business, but there are courses that you can take to help you learn how to run an FBA business.
It’s an amazing opportunity and can lead to a very profitable business from home where all you do is buy products, list, and send to Amazon, and they do the rest.
5. Affiliate Marketing
An affiliate marketer is someone who advertises and promotes someone else’s products or services online or offline, and when they make a sale they get a percentage of sales.
Affiliates for digital products can make about 30% to 50% on sales, while physical products usually are lower than 10%. Having a mix of both types of products is a good way to offer your audience plenty of choices and to have variety to enable you discover which products will be very successful and become cash cows. If you have a large audience, it facilitates your success in affiliate marketing.
These are five profitable businesses you can start from home. Learning business lessons and implementing the ideas helps to build a lasting successful business.
Are you looking to boost your income? Do you feel like you are stalling and need to breakthrough? Many entrepreneurs and small business owners hit income plateaus, but there are ways to push beyond them. Download my free checklist, Twelve Ideas For Making More Money at https://jonallo.com/money