Why Starting An Online Business Is A Good Investment

Why Starting An Online Business Is A Good Investment

If you’ve always wanted to start your own business but are too afraid to take a huge risk with the investment, then an online business model might interest you.

There are many different ways you can run an online business, and there’s bound to be one that fits your needs and investment range.

Unlike with most business models, you can take much smaller risks with online models, and put in a much smaller investment – if you take the right opportunities.

Starting An Online Business Is A Good Investment

Image Credit:  Canva Pro

It’s much cheaper to set up and run

You don’t have to go all out and rent any properties for your online business to get some recognition, you can go ahead and set up shop in an already established online market.

Take Amazon, for example, everyone knows Amazon, and all of the shops Amazon owns are online stores.

You can use these sites to sell your products, and you’ll benefit from their popularity, meaning you don’t have to go above and beyond trying to direct traffic to your items. If you’re only trying to sell a small number of products, or not trying to reach a huge audience – this is a great option for you.

It’s worth knowing that when you sell items on these sites, you’re not making 100% of the profit, as it costs to run your store on an already established platform.

Sites like Etsy charge even more if the product you’re selling was found through an advertisement that was put up on another page.

Even if you have your own website set up, you’re still not going to be paying as much as you would if you needed your own property. You can have a site hosted nestify.io/woocommerce-hosting/, and there are a lot of services that will build your site for you if you’re not happy with the website-building services out there.

It requires less input

If you’re not yet ready to sell your life away to your own business, then an online business shines here. Once you’ve got things up and running, you don’t need to be giving your online store your full attention. If you were to be working on a shop floor – you would have to be active all of the time whenever a customer comes in, but that’s no longer the case with online shopping.

A lot of orders can be handled automatically, and depending on your business model, you may not even come into contact with the products that are being sold.

It’s a little less hands-on, which is a turnoff for many entrepreneurs, but you can continue to maintain your social life while trying to run your business at the same time. It’s not going to be idiot-proof, but there’s a lot more room for mistakes when you don’t have to interact with customers as often.

If you’re new to the idea of running a business, the online route may feel a lot more comfortable for you. There’s a lot less pressure on your end, and you have a lot less to manage in terms of assets related to your business.

Ever thought of owning an online business but never had the courage to take the plunge? Here's why starting an online business is a good investment.

Upskilling is cheap or free

You don’t have to know everything there is to know when you’re just starting out.  You can take it one baby step at a time.

And virtually everything you need to know you can learn on YouTube free of charge.  Sure, it might be a good idea to take some paid courses but there is so much free information out there too.

Once you’ve chosen a direction for your online business you can look into who’s out there doing what you’d like to be doing and model what they are doing.  Many top online business owners are more than happy to share their knowledge and their business has become teaching other online business owners how to succeed.

Everything you learn is an investment in yourself

As you equip yourself with knowledge and learn new skills, you’ll find you gain confidence and know-how in more ways than you can imagine.

These skills can also be used for all your future endeavors.

No learning is ever lost, especially when it comes to being an online entrepreneur.   Even if you don’t succeed at first, you gain valuable experience.

Over to You

Have you ever thought of starting an online business but lacked the courage to take the plunge?

We trust you feel more secure now that you know why starting an online business is a good investment.

What Makes Virtual Reception Services Compatible With Any Business?

Virtual Reception Services

Virtual Reception Services

Do you run a business that requires virtual reception services?  Or is this a field that interests you perhaps? Either way, you’ll find this post really useful. In today’s world, virtual business is a fantastic option for anyone wanting to work from home or work from anywhere.

What Makes Virtual Reception Services Compatible With Any Business?

Image by Storyblocks

Communication is something that every business demands and a high level of connectivity in this digital world is an absolute must if you want to be successful that is.

Virtual receptionists are professional receptionists that are remotely located and they are fully briefed on their clients’ businesses, ensuring that all calls are handled courteously and professionally.

Every single business needs someone at the end of a phone, should a potential customer call and such is the diversity of the provider’s services, there’s something to suit every business, regardless of size or industry.

Unanswered Business Calls

This is every company’s nightmare and the best way to avoid this occurring is to enlist the help of a call handling provider who can tailor their service to suit.

You might, for example, already have a great receptionist, but what about the times when she is absent, or what about after-hours calls? The virtual receptionist can cover for those times, ensuring that you never have the situation where calls go unanswered.

Tailored to Suit

Whatever your communication needs, a virtual receptionist provider such as www.officehq.com.au has you covered.

If, for example, you have an emergency support number that customers can call when they have a problem with a product, the virtual receptionist is on call 24/7 and can handle any volume of calls on your behalf.

Some businesses have special promotions and their phone lines become very busy at this time, and all it takes is a quick call to your virtual receptionist provider and they will handle any volume of calls for an agreed period.

What Makes Virtual Reception Services Compatible With Any Business? And is this the field for you? Published in Partnership with Mediabuzzer. #virtualreceptionservicesCost Effective

Directly employing staff to answer the phone is an expensive business and using a call handling service is far more cost-effective and as the virtual receptionist is a trained professional, you can be sure of a prompt and courteous response. There are many services on offer, which include the following:

  • Message Taking
  • Call Handling
  • Overflow Call Handling
  • Emergency Response Numbers

They also offer call forwarding, where your calls can be forwarded to any landline or mobile number and this service is available at all hours and for as long as is necessary.

Service Industries

If your company provides a service of any kind, a virtual receptionist service can handle all or just some of your customer calls, depending on how much, or little you need covered.  If you have special out of hours number for customers to call, this can be manned around the clock by a virtual receptionist who will forward the necessary information to the relevant parties.

Sales Enquiries

These are simply calls you cannot afford to miss and with a virtual receptionist provider in your team, every call will be professionally handled and forwarded if necessary to the sales team. More sales enquiries mean more conversions and with so much competition out there, you simply cannot afford to miss even a single call.

Whether you own a small diner or run a domestic repair service, a virtual receptionist provider can really help and with tailored services, you only pay for what you use.

If you would like to know more about this cost-effective call handling service, most reputable providers will give you a free trial and you can see for yourself exactly what they can do for your business.

This article is published in partnership with Mediabuzzer.

Are you ready to employ Virtual Reception Services? Or become a Virtual Receptionist yourself?

4 Home Business Ideas For Women

Successful Business Ideas – Women

Have you ever thought of starting your own business at home?  Katrina D. Keller highlights some excellent options for you in her guest post below.  I can vouch for the very first idea on Katrina’s list as that was the route I took- blogging.  Come to think of it, I can vouch for all 4 of these ideas as I have close friends running successful businesses in line with Katrina’s other 3 ideas. Which idea appeals to you?  #SuccessfulBusinessIdeasWomen

4 Home Business Ideas For Women

Guest Post – Katrina D. Keller

Women have been engaged in trade in some form or otherwise since time immemorial.  Back in those days, women were predominantly involved in cooking, sewing, kneading, tapestry, and what have you.

In present times, nothing has changed dramatically and by that, we aren’t saying women aren’t productive anymore or have gotten lazier. Instead, they’ve been advancing with more force than any time in history.

Furthermore, women have ventured into businesses or jobs that are reputable as well as generate more income. What’s more important is that women have made their mark on ventures that used to be male-dominated, and in some cases, they’re outperforming their male counterparts in those areas.

If you are looking to start a business or looking for a new way to make more money and if you’re a Stay at Home Mom or currently employed, there are a whole lot of business ideas to choose that you can start relatively quickly and easily.

The good thing is that most of these businesses require little investment to get your feet wet. All you need is motivation, willingness to work hard and an immense desire to be financially successful.

Below are four businesses that we think are ideal because they are practical for Work at Home Moms and Home-based Women Entrepreneurs. Let’s get started:Are you considering working from home? Need some great ideas that are easy to set up and profitable? Here you go. Special Thanks to Katrina D. Keller. #SuccessfulBusinessIdeasWomen #GuestPost

1. Freelance Writing

This is one of the easier and more profitable options for women who prefer working from the comfort of their homes.

In the last few years, the number of blogs increased significantly with many women publishing and posting to blogs. Just to give you a context, according to a 2009 study by BlogHer.com, there are over 8 million women publishing blogs.

The demand for freelance writing has increased in recent times due to the fact that many companies have realised the strategic importance of quality written contents for Search Engine Optimisation (SEO) and content marketing.

Freelance writers can write articles on a variety of topics ranging from relationship advice to buying a car. The most common way to earn revenue from blogs is through advertising programs such as Google AdSense.  Start by writing about subjects in which you’re already an expert.

 2. Home Tutoring Services

Providing freelance tuition services (sign up here to be a tutor) is another great and profitable way to earn for women.

You can provide tutoring services to high school grad students for their upcoming SAT exams; give guitar or cello to young children, teach people how to make chocolate soufflé, or even teach Moms on how to make nice handcrafted gift baskets at home.

However, if you’re thinking to set up this kind of services, make sure you’ve solid knowledge in a subject or field of study you’ll be tutoring. All you need to land your first gig is to place a sign out in front of your house and let everyone in your neighbourhood know about your business.

3. Virtual Assistant Services

In the age of the Internet, providing virtual assistant services is one of trendiest home-based businesses today. Virtual assistants combine the services provided by secretarial and administrative departments of an organisation.

As a virtual assistant, you’ll be performing administrative support services such as emails, word processing, event planning, researching, rescheduling meetings, and other typical office chores. The only difference here is that you’re doing all of these things online in the comfort of your home, instead of in an office cubicle.

Your boss may be working hundreds of miles away from you or in a different country, and you may never have the chance to meet him or her.  In this day age, this is not an issue as all the required tasks and communication is done through phone calls, email, secured websites, or instant messaging services.

4. Daycare Centres

Generally, most Childcare or Daycare Centres are run by Women Entrepreneurs from home.

As more and more women are entering the workforce, the demand for reliable and reputable Daycare Centres for their kids has been growing more than ever.

However, before you hop on to the daycare business bandwagon, you need to comply with the licensing regulations in state or area you’re living or willing to set up the business.

Also, consult with your neighbours and make them aware that you’ll be running a Childcare Centre You don’t want your neighbours to file complaints against your business, which may compel the authorities to shut your business down.

There you have it, four profit-making home businesses you can start you’re a full-time working Mum or Stay at Home Mom.

About the Author

Katrina D. Keller is a well-known blogger who has a wide variety of interests. She is a Writer, Editor & Blogger. She is currently a blogger for https://smiletutor.sg/blog in a genuine effort to provide the best quality content to her readers. She loves reading books. When she is not working you can find her travelling or hanging out.

Which of these business ideas inspires you the most?  Or are you already running a business from home?  

We invite you to share your experiences in the comments below.