Are you ready to start your own business?
Are you ready to start your own business but on a limited budget?

Good Low-Cost Business To Start

First things first, there are certain important things that you need to know and understand before starting a business.

If you are someone who has a skill set (for example you are good in baking cakes) and is looking to start a business based on your skill set (starting a bakeshop), take note that this is not the only thing you need to have.

Having a product to sell is not the only thing you need in starting and running a business.

You also have to consider knowing how to market your business, do purchasing, receiving, inventory and logistics, be able to audit your finances, handle manpower (because at some point you will need people assisting you), and provide good customer service.

And if you are not ready for all of these, or you do not have the slightest idea on how to start doing all of these, then you’re best option is to find a business that already has a system in place that you only need to follow and execute.

What business is this?


Franchising already have a system in place from production to business operations and management, you only need to follow the guide set by the franchisor.

On top of that, you will also benefit from existing branding of the franchisor which means customers already know the brand you are selling hence, marketing will be easier.

However, franchising comes with a BIG catch, and that is the BIG Investment.

Because these businesses and brands are well-established, you can expect that the investment will be big.

Franchising fast food chain for example can be anywhere between $250,000 to $2,000,000.

So, if you do not have this much on hand, what could be your next option?

Good Low-Cost Business To Start

Good thing in today’s era we already have thousands of options and business models available.

And from all the options, two of the businesses that already have systems in place and will not break your bank to start are:

  • Affiliate Marketing, and
  • Network Marketing

What’s the difference between the two?

To make it easier to understand the differences of the two, below is a side-by-side comparison.

Both Affiliate Marketing and Network Marketing are the best low-cost businesses you can start.

If you are more inclined to start with zero investment and don’t mind putting together marketing strategies on your own, then you can opt for Affiliate Marketing.

But if you prefer that all processes are available so all you need to do is follow and execute, and you don’t mind investing a small amount, then go for Network Marketing.

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Good Low-Cost Business To Start

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