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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.
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

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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