Tweet

How To Start A Business With Low Overhead

Written by: Guy Luminato

Article Overview: Most traditional businesses cost thousands, if not tens of thousands to get started. The time it takes to have a positive return on investment is usually around 3 - 5 years. You can start a business with low overhead with high returns in your first year. I know because I have done it.

How To Start A Business With Low Overhead



Most traditional businesses cost thousands, if not tens of thousands to get started. You might have looked into franchises, or manufacturing a product, or even starting an office with a professional skill. All of those require equipment, staff, rent, and unexpected expenses you didn't even plan. The overhead alone is usually an under estimated cost.

The capital required runs around $100,000 - $250,000 minimum. The time it takes to have a positive return on investment is usually around 3 - 5 years. Sometimes, and frequently, I'm sad to say most new business owners never see a positive return on investment. I know because I have been there in the past.

Once you have the Entrepreneurial spirit, it will never leave you. The problem that most entrepreneurs have is finding a real, low overhead solution, with high profits.

Where does one look? What does it look like? With so many scams and lies, the average person doesn't know who to trust, or what to trust as a business model. You might be wondering if it's even possible to start a business with low overhead. I know I wondered at one time too.

The second part of this problem is the marketing strategy. Does the business plan have a viable strategy that is laid out clearly, and can be applied in this economy and internet driven world. Can you start a business and apply proven systems that the best of the best are using? Is there a marketing system that you could apply some of the same techniques that the great Dan Kennedy uses for his business?

The solution may be muddled and buried among thousands of other business offers. You may have to look closely to see the differences in all the offers. Certainly you are smart and reading this because you know they exist.

The solution comes packaged with several key factors. In today's market, it absolutely has to have a marketing strategy based on using the internet. For long term growth, the internet is a essential to master. You also want to look for a proven system you can follow. Something that will show you step by step how to master internet marketing strategies. You do not want to reinvent the wheel here. Leverage time and money by plugging into another persons efforts.

You want to look for a partner whose product has no inventory. In today's economy, inventory will suck up cash flow that is needed for marketing. You need to do your due diligence and offer a product that is high quality, reputable, and something that offers significant value in today's economy. Ultimately, you want to be proud of the work you do.

If you look carefully, there are people who have done this work for you. You do not have to start from scratch. You find a good business partner you can trust, and you will find the other parts you are looking for in starting a business. These business partners must have proven systems with real track records. You want to make sure they have integrity and can show you the way to reach your goals.

You can start a business with low overhead. I know because I have done it. Low doesn't not mean I didn't spend money. It just means that my money was spent wisely. I used marketing strategies that did not eat up my budget. I used a system that was proven and showed me exactly what to do with every minute of my time. I partnered with the best internet marketers out there to capitalize on 1.5 billion people as potential customers.

I also selected a product that has no inventory. This product is extremely valuable in today's economy and debt ridden world. More importantly for me, it helps people make their lives better. I invested a small fraction of the cost of a traditional brick and mortar business. Return on investment with my business model can be achieved within 3-6 months. The ROI alone makes this a good business model.

The question is not "how do you start a business with low overhead?". The question really is "who will I partner with?". Once you answer this question, all the other answers will appear. You too can start a business with low overhead, and make an awesome return on investment. You can have profits off the charts, and use the internet from anywhere in the world. So, who will you partner with?

Related Articles
  What is a reasonable cost model for providing a 3PL warehouse management service (Survey Result 1)
  Financial and Cost Statements in Cost Accounting
  The Definitive Guide to GROWING Your Business During the Economic Crisis
  How Home Staging Compares to Other Business Types
  Comparison between a brick and mortar franchise business and an online home business

Article Tags: average person, business model, business owners, business plan, driven world, entrepreneurial spirit, franchises, marketing strategy, marketing system, new business, professional skill, profits, proven systems, return on investment, s market, scams, tens of thousands, traditional businesses, unexpected expenses, viable strategy
Referred by: http://jaykubassek.com



Related Forum Posts
Re: How can I promote my site? - To promote website online you need to hire professional SEO expert because you have to perform the below activities for your website promotion:- Start On page optimization which includes the following task:- 1. Meta tag optimization 2. Header Tag Optimization 3. Alt tag Optimization 4. Content Optimization 5. Anchor Text Optimization 6. URL Optimization 7. Navigation Optimization After On page optimization, Start off Page Optimization which includes the following task:- 1. Link building 2. Directory submission 3. Classified Ads submission 4. Article submission 5. Press Release submission 6. Social Bookmarking 7. Business Listing 8. Local Listing 9. Blog Optimization 10. PPT Creation & Optimization
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Exclusive: Interview with Results - Hi Forum Members, I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles). As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business. This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business. I am looking to interview about 30 businesses across North America over the span of 3 months. At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews. I would like to extend this opportunity to members of the Forum. If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM. Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.
Books for Women Entrepreneurs - There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here. It doesn't matter how successful you are in your business - it's always possible to learn something new. In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment! 1. The Old Girl's Network 2. Mother's Work 3. The 7 Greatest Truths About Successful Women 4. Pitch Like A Girl 5. Workplace Warrior 6. Treasure Hunt: Inside the Mind of the Modern Consumer 7. Contingency Planning & Disaster Recovery 8. She Wins, You Win 9. Napoleon On Project Management 10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do 11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years 12. The One Minute Millionaire 13. Talking From 9 to 5 14. Soloing: Realizing Your Life's Ambitions 15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success 16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded 17. Fail-Proof Your Business: Beat the Odds and be Successful 18. Confidence: How Winning Streaks and Losing Streaks Begin and End 19. Women Don't Ask: Negotiation and the Gender Divide 20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen 21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business 22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker 23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business 24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises 25. Net Ready: Strategies for Success in the E-conomy 26. The Promotable Woman 27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it 28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home 29. Secrets of Six-Figure Women
Re: HOw to market a B2B consulting company - [quote="zohahunt77":428owzbi]Hi, I was wondering if anyone can tell me the difference between B2B and B2C. I don’t know about b2b marketing but I have done marketing so know things about it. I will suggest you to take online services which will spread your business all over web network. Online marketing is the best way to market any business.[/quote:428owzbi] B2B = Business to Business - You are marketing to other businesses. B2C = Business to Consumer - You are marketing to consumers.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

9 tips to increase ROI in PPC Campaigns

Are You Remarkable Enough?

Effective Leadership

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.