As a beginner, well they might get a small place as you said and they can start online too for them to get potential customers before getting a place to sell things since lot of money will be needed to make preparations.
What do you think is a suitable business for a beginner who doesn't have a lot of capital?
- Thread starter astutimeliana723
- Start date
Well, if a person has a limited amount of capital, then he should not invest in business until or unless he becomes familiar or experienced enough when it comes to running a business. He may suffer from losses.
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- #24
That's right, even though I used to start with an offline business, I had to pay the rent for a place in the market. Because at that time online business was not that widespread, but now online business is better for beginners who have small and limited capital.
Yeah it's better for a new business owner to refrain doing business if capital is lacking and no assurance as to what products he would sell.
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- #26
In my opinion, he can do business, but he should choose a business that suits his interests, skills, and the amount of capital he has. If he has limited capital, he should start from a small business, such as selling online. From the existing profits he can continue to develop his business.
Yes this is actually a good one and it is pretty common these days. With Affiliate marketing you do not need to buy any products so if in the end the business does not go well, you won't loose anything, just your time.
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- #29
To start affiliate marketing, at least he has social media or a website as a place to promote his product links. I've tried this, but it doesn't suit me, because I don't have a website and social media that's full of visitors.
To start up an affiliate marketing, you do not need any capital to begin.
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- #33
That's right, common products are usually easier to sell, so they're perfect for beginners. Example: He sells food/snacks, looking for products that everyone will definitely like to eat, so that the target market is wider.
I don't like any business that requires me to advertise products to convince people. I can never do this affiliate marketing thing.
The kind of business a beginner can start with a small capital depends on the person's location and interest. It is also good to start by working for someone in your interested field to gather experience
There are numerous businesses that a beginner can lay his or her hands on , for example one can start out with making a point of sale stand where he or she gives out cabs and also deposits cash for people and get some profits, it doesn't require any special skills or experience.