Visit http://virtualbusinessdashboard.com to get the 20 insider secrets for starting your own virtual business on a shoestring and a video of the best business to start in this new economy.
Best Low Cost, High Profit Virtual Business to Start in This New Economy
1. How to Start a Low Cost, High Profit Virtual Business in This New Economy
The biggest question I get all the time is “What kind of virtual business should I start in
this new economy?”
The answer is go green
The reason I prefer a green virtual business is because:
1) You can set up an entire virtual business (also known as eBusiness) at little to no
cost.
2) According to Entrepreneur.com, Green Power is one of the 10 hottest trends to
watch for and
3) Government contracts now have a proposed five percent "Green Contracting
Goal", giving you an unfair advantage to position your business to win
government contracts fast.
By setting up a sophisticated virtual business at little to no cost and a few more dollars
for your initial set up, you’ll get a real sustainable business. You can start selling your
green products or services right away for thousands of dollars and without the expensive
overhead or huge high-risk initial investment capital typical of small business startups.
The secret then, to starting a Low Cost, High Profit Green Business, for this New
Economy is to start a virtual business…you don’t need start up capital! You don’t need to
spend months, if not years chasing bank loans, business angels, government agencies,
grants or other funding options.
In this new economy, not only is it hard to access funding, but most sources will want
you to have a proven business before they give you any money. Or, as you may well
know by now, your friendly banker will want all your personal assets as collateral. Not to
mention, the weeks if not months wasted chasing funds you may never get.
Therefore, here are the seven steps you need to take, to start your own green virtual
business on a shoe-string:
1. Pinpoint a profitable niche market
2. Split test potential products and services in your niche market, before creating
them.
3. Set up your virtual back-office processes. Use mainly FREE open source
applications. This makes the cost to entry very low.
4. Market online. Use social media, blogs, forums, articles, and free marketing
channels.
5. Sell globally. By launching a virtual business, overnight you will have access to
clients all over the world.
6. Install virtual communication channels. Set up virtual phones, faxes, chats, etc.
Most of them for free or at very little cost.
2. 7. Be up and running in days, or even hours and manage your new virtual business
remotely.
As you can see, with a virtual business, all you need is a computer and internet access to
get you going.
You can see an example of a real sustainable, successful green virtual business (100%
virtual and paperless) at www.groupbenefitagency.com
Now, if you’d like to start your own virtual business, whether for a green product or not;
I have put together a multimedia training, showing you exactly how to implement and
manage a virtual business.
To make it easier for you, I took away all that geek speak and show you step-by-step on
how to use and implement these technologies without getting into all of those super crazy
esoteric instructions. I pretty much took away the pain of all those things you don’ t need
to know and I just narrowed down to the things that are going to get you the quickest
results the fastest so you can start making more money in less time.
Just visit http://virtualbusinessdashboard.com