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How to Start a Home Based Business Without Any Money

Friday, November 12th, 2010

There are many ways to make money online. If your goal is be a successful online business owner you must realize that it will take time, effort, and financial resources to make this dream come true. Here are some ideas on how to find the money to begin and run your home business.

Unlike traditional brick and mortar business, the cost to start an online business is extremely low. The cost of webhosting and purchasing a domain name is the first obstacle to put your business out there. This can be done for around twenty dollars and ten dollars or less each month for website hosting. The initial domain name purchase may be lower if the registrar is having a sale. There are free website background, but it does not show the world or potential business partners that you are serious about your business offerings to the public.

Find one task that can be done in the form of a service locally. This could be to clean up yards, light housekeeping work, baby sitting, or helping the elderly with household tasks. These tasks do not require a particular level of education. This is important to think about because a part time employer may require a degree in that field to earn a salary of twenty five dollars an hour. The local retailers may only be paying eight to fifteen dollars an hour for evening or weekend work. It is easy to charge fifteen to thirty dollars an hour for work that other people are not physically able to do, or they don’t have time.

Free surveys from house, are also a great way to earn the money to pay for a basic costs of running an online business. Use the money earned to actually begin your online business. Keep a written ledger of how much money is earned, and which costs will be paid for out of those funds.