What is the minimum amount to start an online business?

Enxx

Notable
Member
Sep 5, 2022
2,949
319
Dex
$0.000
Raw Dex
$0.000
Having a business online is one of the good way to make money. But I would like to ask what is the minimum amount to start a business?
 
AgoraForo - Digital Marketplace & Freelancer Forum

Imran Noori

Notable
Member
Dec 14, 2022
1,297
96
Dex
$0.000
Raw Dex
$0.000
You can start an online business even with no money, you can join some platforms like amazon and become an affiliate partner with them, by this way you can start a small business for yourself.
 

rubesh

Notable
Member
Dec 18, 2022
1,302
141
Dex
$0.020
Raw Dex
$0.000
The minimum amount of money needed to start an online business will depend on the type of business and the services you plan to offer. Generally speaking, you will need to cover the costs of setting up a website, domain name registration, hosting, e-commerce software, marketing, and any other tools or services you plan to use. Depending on the services and products you offer, you may also need to cover the cost of inventory, licensing, and other business-related expenses.
 

eldavis

Very Familiar
Member
Sep 4, 2022
15,025
664
Dex
$0.000
Raw Dex
$5.685
It depends on the business you want to startup and what you actually consider as small. These factors would be what determines the cost of starting up the business, hence there is no specific amount when it comes to starting up a business.
 

Golden9

Notable
Member
Sep 6, 2022
1,897
143
Dex
$0.000
Raw Dex
$1.485
Most businesses online need no less than $100 to start running, and some may have additional costs of running. It's best to do your research based on niche you want to get involved in.
 

cherry123

Popular
Member
Sep 5, 2022
27,420
2,610
Dex
$0.201
Raw Dex
$0.000
This will totally depends on the business you want to start You can start an online business with $500 or even with no money at all. So you can start researching.
 
Last edited:

Elendu

Unfamiliar
Member
Jan 27, 2023
377
32
Dex
$0.000
Raw Dex
$0.000
First you must have a good skill If not your capital will waste e.g let's say you have programming skills, you can offer your services as a freelance web developer. You can create websites for businesses and individuals, or work on web development projects for companies. I believe 100k can help you start up
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,177
565
Dex
$0.600
Raw Dex
$3.217
For me I think it depends on the type of online business you are inspiring to start. Some online businesses would require no initial investment like dropshiping, affiliate marketing while some others would require small to intensive capital to start up.
 

SHAHID987

Notable
Member
Nov 15, 2022
3,911
228
Dex
$3.575
Raw Dex
$0.023
There are both ways available as you can start online business free of cost or if you can afford then pay for your business as some stores like Ebay need some money on monthly basis while dokan.com will open your shop in free of cost.
 

relcap23

Notable
Member
Sep 8, 2022
2,061
337
Dex
$0.000
Raw Dex
$0.000
Starting any business be it online or offline needs capital in the form of money and even labor. Capital amount depends on the nature of the business. One has to quantify the number of hours exerted by one in. performing the business task and add it as capital too.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
It depends on the kind of online business you want to do. If you want to start an e commerce shop, it would cost you a whole lot in terms of advertisement.
 

Magnus2022

Notable
Member
Nov 25, 2022
4,080
333
Dex
$0.000
Raw Dex
$0.080
The beauty of online business is that you can start making money with absolute nothing. If you have money to startup is a boost. You can start blogging with nothing, you can post on forums without money etc. If you have money, you may not need much stress or physical assertion to make money online.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,177
565
Dex
$0.600
Raw Dex
$3.217
The beauty of online business is that you can start making money with absolute nothing. If you have money to startup is a boost. You can start blogging with nothing, you can post on forums without money etc. If you have money, you may not need much stress or physical assertion to make money online.
That is the goodness of the online working. There is no need for the stress of hustling for the capital to start over an online business.
 
Back
Top