Unlike brick-and-mortar stores, online businesses do not need a physical address, making them easier to start and manage, especially at first. You’ll find business opportunities online inviting you to join, but most require some form of investment or capital. Your own online business doesn’t have to start large. You can start out small and then expand as your profits start to grow.
Gather resources about the specific online business you are starting. Check out the Internet or visit your local library and borrow any books that can help with ideas or success stories.
Register for a website and domain name through a free web host, so you won’t have to put down any capital. Your website may include banners or ads from sponsors and you may receive a second- or third-level domain (example: http://yourname.hostingcompanydomainname.com).
Create your website using free online web builder tools. Having a website is vital if you are starting an online business.
Advertise your online services through word-of-mouth, free online advertisement and article writing. Add testimonials to your website from people you’ve helped in the past, and ask for referrals.
Sign up for a free blog (example: WordPress and Blogger) and customize it once you’ve created your account. Your blog site can help drive free traffic to your website.
Consider selling any tangible products through Craigslist or similar sites.
Let friends know you’ve started an online business and see if they have any items they can spare as you grow your business with no capital. Also, ask for volunteers to help you organize your products or services. Solicit help from friends who can help you develop the product or service you’re marketing.
Join forces with others who have the resources and capital you need to start an online business. Consider adding them as business partners or mentors.