Can I start an online business without investment?
It’s no wonder that this is one of the questions I get asked most often as an online business advisor. It isn’t possible to start a business with zero money – but selling online is the best option if you have little money to invest.
Compared to any other type of business, selling online requires hardly any investment to get going – and can grow according to your needs. Let’s see how our guide for starting an online business can help:
- We start you off by showing you how to make money from things you already own.
- Then we show you how to invest the profits from that, and any money you can spare, to buy your first lot of stock (£50 is enough to get started!).
- When you sell your first stock, use everything you’ve made to buy more stock.
- Try to invest a small amount each month -this, along with putting your profits back in, will help you to grow.
Can I make money fast with no investment?
You will struggle to make money fast if you haven’t got a lot of money to invest in your online business. But if you have a few months to let your profits build up, and you can afford to put all of your profits back into the business at first, you’ll soon be making a good income.
Our online business guide
We wrote 31Day2…an Online Retail Business to show people that it is possible for anyone to set up an online business like we have. Selling online is a great way to make money, and we’ve broken down the process of starting a business on eBay, Etsy or Amazin into 31 bitesize chunks.