What is The Best Small Business to Start with Limited Funds?
Years 2020 & 2021 has been busy with the Pandemic issues interrupting businesses, labor, families, deaths & lock downs. There are a lot of businesses struggling to survive and many won’t make it. The landscape of small business is changing dramatically for various reasons due to the pandemic.
There is less travel, limited capacities in stores, entertainment, gyms & others. The brick & mortar shops are also getting hurt badly because of the restrictions that are being required. With all these restrictions in use, businesses using the internet are becoming stronger all the time.
The businesses that are growing are; Amazon, Walmart, Pet supplies, Meal Kits companies, Natural cleaning products, Hand sanitizes, Personal products, Grocers to name a few and they all need vehicles or delivery companies for many of the purchases to be delivered.
Affiliate Marketing is helping change purchase items from walk-in business to a ShipTo Business. What is The Best Small Business to Start with Limited Funds? I recommend Wealthy Affiliates because it offers you more than any other platform with training, Support, Videos 24/7, Webinars and still has the lowest cost of admission. You don’t have to pay up-charges to get training like you do at other organizations.
What is The Best Small Business to Start at Home?
In the present Business climate, I recommend Wealthy Affiliate Training Platform to learn & operate your business because of what is happening in the real world.
- You can do it from home reducing your start-up costs
- you are you’re own boss
- no travel time to & from work
- you can learn at your own pace
- 100% Support when required,
- Tremendous Training Videos available 24/7
- Live Webinars
- Friendly Community Membership also providing support
Many of the products/services are being sold by Affiliate Marketers represented by one person businesses.
More than 69% of American entrepreneurs start their businesses at home.
(Global Entrepreneurship Monitor)
Business startup statistics show that making your home a base of operations for a new company is nothing unusual – especially considering how positively that decision can impact your monthly costs. Curiously, working from home isn’t limited to startups. While 55% of new businesses start in the garage, 59% of established small businesses are still run from their founders’ homes.
How do I Start my own Business online?
That is all part of the package that Wealthy Affiliates training platform brings to you. You build your own website, how to make it do all kinds of things to make it attractive and engaging.
They teach you how to find your audience which is people that are looking for the goods/services that you are selling. This brings those interested parties known as traffic to your website. The teaching platform takes you step by step preparing you for the proper readiness for Blogging.
How Do I Earn Passive Income for Retirement or Other Needs?
Passive income
From Wikipedia, the free encyclopedia
Passive income (United States) is income that requires little to no effort to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income. Examples of passive income include rental income and any business activities in which the earner does not materially participate.
Passive income is just one example of Affiliate Marketing. There are as many examples as there are products/services available to one’s imagination.
This is achieved by the Niche you chose for your website, which is a particular part of an audience looking for your goods/services.
For example, you might equate it to a particular item that someone rents for 5 years and pays monthly for it. You in turn get a commission each month for the 5-year period if you provided the solution for that person's need.
You Can be Current all the time!
This Post points out some features that are available as a Wealthy Affiliate Member. As you can see what has happened because of Covid-19 disruption to the economy and people's health and lives is horrendous.
Granted, it is a once in a lifetime occurrence but it is drastic beyond comprehension. There are things that change all the time within economies that may be minor or major.
You have to remain Flexible to be able to adapt or modify your business so that you will remain relevant in your business and to your audience. As a trained Affiliate Marketer you can be current in almost every economic environment.
If you have a small business that has inventory or direct sales, it is near impossible to make adjustments to your business plan if your business goes off track for what ever reason.
I would like to thank you for reading my Post today.
If you have any questions, ideas, remarks or comments regarding my post today, please note them in the comments section below and I will respond to them.
All The Best
Edward
Founder of: Affordable Small Business Startup – Is It For You?
Recent Comments
9
Excellent post Edward and lots of good discussion of current issues in small business.
It would actually have made a good core information post on your own website with a link back to Wealthy Affiliate (using your WA affiliate link).
Hope you are keeping well.
Dave
It is a long story but, I started a new website that was the front runner to this post but didn't get posted to WA just like all ones that I did before. So I am going to ask whoever even thou "Affordable Small Business Startup - Is It For You?" is my Website and the 1st Post was "Ideas For Opening A Business In 2021". That was never published to WA. The one that was Published today should have been the 2nd one. I believe I know how I can straighten out, but I want to get it verified before I make a move.
Very good post, Ed! You are so right. The world, including the business world, is changing rapidly. The pandemic is certainly a big force within that change.
I agree that this is the perfect time to start s small business that works within the new lifestyle we are all experiencing. WA is certainly a good choice for that.
Thanks for sharing!
Thank you so much for your feedback. I have a few more things to shake out and then I will be in a position to start planning. Thanks again
It's the best time to start that online business indeed. With the present situation facing the world. more and more persons are moving their business to the online market place.
What marketplace in the world can you think of where you have literally billions of possible customers and growing daily?
Candy Benn
See more comments
What a great read, Edward, the effort put into writing it speaks for itself. Your visitors/customers to your site will be very well served with this. And with the world changing as it is, such info on business opportunities will help many a soul.
To Success for all of us in the years ahead in an ever changing world 😎🙏