crazylifestyleguy
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anyone who says "Online business has Bad ROI is point blank stoopid".
anyways your friend is right. Service business online is one of the best ways. the best about this business is you can take it offline if you started out online or vice versa.
25000 for online business is too much.. I advice you to invest wisely if you are starting online(like on monthly basis and check your results and profit).
Most online business has low cost start ups. Just don't be fooled by website designing companies that'll guarantee top placements in google, yahoo for your site. They'll suck up your 25 grands in no time.
This is the start up cost for online business
domain name : $10 a year
Hosting : $5-10 a month ($60-$120) a year
Website design : You can get a decent design for $100 at elance.com
thats 230$ for first year. Now all you need to do is to spend some of your money wisely on advertisements. I suggest $5-10 a day. If you make profit from spending $5-10 a day.
Start investing more in advertising as long as your profits margins are good & increasing.
Here's Best Idea: If you are starting an offline business... invest $230 more in building a website for that offline business and promote your business online and offline both. |
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mrsmoozab
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First what have you always wanted to do with your life? I think the business you should open is a business where you are the best at what you do, afterall you do not want to lose what you started. also please make a business taht will help so many people around you. And if you need more money you can always ask for a grant. |
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NONAME
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sell drugs, you can make a lot of cash real quick |
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slaughterhousex
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Depends on what kind of business YOU want to run. it sounds bad but YOU are the one thats going to be running this business right? dont let your freinds spend your money for you. internet business is ok but its alot of work sometimes. as all starting a business is. i would advise looking around your local community and see what service or product is missing and bring it to them. i would start small before competing on the internet. dont get me wrong the internet could be great wealth, however you dont want to be a small fish jumping in a sea of sharks do you? stay in the pond for a while and grow and then start to head for the sea ;) |
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Ron B
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Find a business broker! They can help you shop for businesses in your area. You can use your money as a down payment on a business that is already making money. This eliminates most of the risk, and hard work that comes from starting your own business. If you need a refferal, e-mail me. |
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Wil T
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What do you do now? How old are you? How much time would you have to dedicate to the business? |
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Good Deeds
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What do you like doing? Do you have a speciality or a hobby? What would you want to do it on a daily basis? |
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ddnc_dave
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I do ok with selling hosting and domains. No hardware to worry about and it's up and running almost immediately. There is a small investment required, but look at what you get for it. Well worth the try. Money back guarantee too. Click the link for details and good luck! |
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humanbludger
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you should buy a house or a condo and use your money as a downpayment. then, rent out your property. it's a great way to make money. look for areas with low prices on homes. like Utah, Montana, Arizona, even some inlands in California, like Riverside and Corona. trust me, it works. the only way to get really rich over time is to buy houses, rent them out and watch your equity grow. then when you've accumulated enough equity, take out that equity and use it to buy another house. and so on and so forth. in 20 years you can safely retire early. |
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Slim Whitman
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Avoid ONLINE business, generally the return on investment is poor because "EVERYONE" has an online business. Stick with tried and true service companies. Buy a carpet cleaning franchise, sewer cleaning, chimney cleaning, Go out and get some accounts.
$25,000 in seed money could be a good start to parlay into some real estate investments, perhaps rehabing and flipping homes, Sweat equity can build into more.
And with 25k in your pocket that is something you need to think long and hard about before it get frittered away on a new vehicle or a big screen TV and you have no value.. |
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buklao
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Have you considered using that money to invest in the stock market? Check out http://ibooyah.com for some ideas for stocks. Good luck! |
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gibbyguys
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Do as I have done.Start a resale shop and sell on E-Bay at the same time.I buy old lots of merchandise for pennies on the dollar and resell them with incredible mark ups.Only not a rip off pricing. |
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pyarirani4
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If you are interest in a home based business, then call 1-800-342-0467 to get all the details on how to start your own business. It is a legit company that has been in business for over 6 years now. If you have a goal of making over $100,000 or more in a year, then this is for you. |
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Wesleystock
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Check out www.bestblanks.com - inexpensive to get into, you can run it from your home. We print mugs all day as a sideline to our business. |
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