Is it worth opening a small business online?

Viewing 1 reply thread
  • Author
    Posts
    • Rob
      Member

        I had an idea to buy items wholesale through online markets with other countries (like China for example) and then selling them in an online shop. I would only focus on a small selection of items at a time. I wouldn’t need too much up front to get it going. I am just not sure if it is worth it. Like, if I can’t get traffic to my store, I will not be able to make sales.

      • Dana
        Member

          I think it is. Most small businesses that function online are easy to run and don’t cost a lot, especially if you aren’t hiring anyone else to help. A friend of mine runs her business out of a spare bedroom in her house. She has all the inventory in there, a desk with a computer, a label printer for mailing out and shipping packages, and any extra items she keeps in a closet in the same room. She is able to keep on top of orders and has a steady flow of earnings each month. It hardly costs her anything to run her site too.

      Viewing 1 reply thread
      • You must be logged in to reply to this topic.

      Join a vibrant community with the sole mission to achieve financial independence.

      The journey to financial freedom doesn't have to be lonely.

      Pitch an idea

      Contribute an article, share a story, join a group, or chat on the discussion board with similar frugal savvy individuals like yourself. Quality over quantity. Always.

       

      Build great relations

      Build connections, converse, and join the vibrant personal finance community. The journey to financial independence is just around the corner, and it doesn’t have to be lonely.

      Become a FangWallet Insider

      Get free access to becoming a FangWallet Insider, the personal finance community that has your best interest in mind.