Low Cost Business Opportunities – Here’s The Best!

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Looking for awesome low cost business opportunities?

If so, you’ve come to the right place.

You can get started creating your very own online business today for next to nothing.

Now if you have every started your own business or have some business experience, you already know that most businesses take thousands of dollars to get started.

Group Discussing Low Cost Business Opportunities

Just think of the cost of renting out a commercial space, product inventory, utility costs, employees, etc.

It can add up quickly even for a small scale business. But when you create an online business, you can cut your business costs down dramatically.

Interested? If so, keep reading and I’ll show you how you can create your own low cost online business today.

Low Cost Business Opportunities – How Does It Work?

Have you ever heard of niche websites or affiliate marketing? If not, let me give you a quick breakdown of how these types of businesses work.

You essentially create a niche website, drive traffic to that site, and then recommend products that you are affiliated with.

Not so difficult, huh?

There’s no products to buy, nor space to rent, or any of the costs that are typically associated with a traditional business.

For those of you who haven’t ever started your own business, this is an amazing concept.

You make commissions from your affiliate marketing programs as well as from selling advertising on your website.

Let’s break this down in a little more detail.

Get Started Here for Free! Our Free Training Series!

First, you need to find a niche.

Now don’t let this scare you, there are thousands of niche ideas out there that can be developed into niche websites.

My suggestion is to find something that you are passionate about.

It really helps drive your business if you are passionate about your niche or if you have a decent knowledge base about that niche.

If you don’t have a niche, that’s OK too.

I wrote about how to find a niche, read my how-to article here! 

You also can watch this video below.

It does a great job of breaking down how you can come up with niche ideas that can be used to create online businesses.

Check it out.

Niche Website Video to discuss low cost business opportunities

Second, you need to establish a web presence.

Most every affiliate program requires that you have a website.

So you’ll need to learn how to build a website, set up your site so that it is search engine optimized, and then build out the foundation to your site.

Third, you will need to learn how to write website content

The Wealthy Affiliate program also teaches you how to write content, structure your articles, and find “low competition keywords” that you will use to drive traffic to your site.

You will really want to focus on writing “Quality Content” that is beneficial to your readers.

This will also establish trust and ultimately leads to sales conversions for the products you are promoting.

Lastly, you will monetize your site through affiliate marketing programs.

As mentioned in the video classroom, Amazon is one of the biggest affiliate programs out there.

There are literally thousands of products that you can promote on your niche website.

There is also 1,000’s of otheraffiliate programs.

You can see a few of them in this picture to the right.

photo of affiliate marketing businesses

There are affiliate programs for every niche you can think of, you just need to have a good website that provides your visitors valuable information.

With time, as your site gains traffic and credibility, you will be able to monetize your site and your business will start to produce monthly income.

Eventually, depending on your site and niche, you have the potential to create a passive income source from your online business.

Low Cost Online Business Compared To Traditional Businesses

The reality is that the majority of businesses fail within the first year of starting up. And for good reason, they’re expensive. If you take a traditional brick and mortar business, you’ll have monthly expenses of…

  • Rent: commercial locations can run from several hundreds to thousands of dollars per month.
  • Product Costs: you’ll need inventory for whatever you’re selling, this could also be several thousands of dollars to start out.
  • Infrastructure costs: You might have to redesign your commercial space, pay for signs, advertising, etc.
  • Employees: Depending on how many employees you’ll need to hire, you could have a payroll of over 4 thousand dollars per month.
  • Yourself: Do you plan to pay yourself? Most businesses owners don’t personally make a dime for the first 6 months. So again, you’ll have to have savings to pay for your personal monthly expenses as your business is starting out.

Now there’s other costs like insurance and payroll taxes, etc., but the point is that you are potentially looking at spending thousands of dollars in expenses just to get started in a traditional business.

It could be as high as 10 – 20 thousand dollars just to get your business off the ground. OUCH!

Compare This With A Low Cost Online Business

Here’s a list of expenses you’ll incur when you’re starting up a niche affiliate website.

  • Hosting: Normally hosting will cost about 10 dollars/mo. However, when you use the Wealthy Affiliate University, they include hosting for free in their educational program.
  • Domain Names: You’ll need to buy a domain name. This costs anywhere from 10 – 15 dollars/year.
  • Website Themes: There are thousands of free themes, so again, no cost here unless you want a more advanced premium theme.

Photo of an idea for Low Cost Business OpportunitiesPremium Themes can run you anywhere from 20 – 100 dollars, but once you own the theme, you can use it on multiple sites. But again, it’s not totally necessary.

The theme for this site is a paid theme that I spent $35 dollar on and it’s professional and easy to navigate.

You can find this theme and 100’s more at MyThemeShop.com.

  • Educational Programs: I’ve seen a ton of programs out there that claim to teach you how to create an online business. I’ve seen them range from $100/month in educational fees with a start up price as high as $3,000 dollars.

So you’re looking at a total of about $33 – $50 dollars per month to start up an online business.

This is absolutely incredible.

To be able to obtain a high quality advanced education in internet marketing and website development for $50 dollars per month, that’s unheard of.

What Do Online and Traditional Businesses Have in Common?

Both businesses require a good amount of work, dedication, and training. And with both business, you’re most likely not going to see a profit for the first 3 – 6 months.

This can be a tough thing to handle at first, but this is no different than any business or higher level education.

How long do doctors go to school?

12 years including all their internships.

They pile up debt into the range of several 100’s of thousands of dollars, but by they time they’re done and working, they’re making several 100’s of thousands of dollars per year.

This is true for any profession; accounts, lawyers, engineers, designers, teachers, etc.

But at least with an online business, you have the chance to earn income as your are building your business.

Six months of education and then starting to earn is much better than 2 – 6 years of education without earning a dime.

Plus with the cost of a college education, you’ll have racked up a ton of college debt.

Not to mention all the benefits of working online versus going to work at a set location.

How cool is it to travel the world and earn income or simple not have to deal with traffic jams, bosses, alarm clocks, etc.?

I can personally tell you, it’s pretty cool.

How to Get Started Today

If you want to learn how to create your own online business, here’s what you need to do…

Hit the button below!

Grab my Complete Newbie Friendly Series to Online Business… 100% for Free!

I spent 5 years looking for ways to make money online and created online and traditional businesses.

And I can tell you that if you’re looking for low cost business opportunities, than you’ve come to the right place.

Please let me know if you have any questions on how to get started by leaving me a comment below and I’ll get back to you right away.

And if you know anyone looking for low cost business opportunities, by all means, please forward this post on to them through the social share buttons or by email.

Thanks for reading and take care,

photo credits: Heisenberg Media via photopin cc, The Sales Whisperer via photopin cc and mars_discovery_district via photopin cc

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