3 Online Startups That Require Little or No Capital

Many people have grown tired of the proverbial rat race, and if you are included in that group, you may be ready to venture out in the world of self-employment. When you are self-employed, you are your own boss, and this means that you may be able to set your own work hours, decide which clients you want to work with and choose which projects you want to work on. However, many start ups require you to invest a considerable amount of capital in them in order to get the ball rolling. Online businesses may require less start up capital because there is no physical office or retail space required. However, even some online start ups require capital for inventory, equipment and more. If you are looking for great online start ups that require little or no capital, consider some of these ideas.

Independent Virtual Assistant

A virtual assistant is essentially a remote personal assistant or secretary. Thanks to technology, you no longer have to sit in someone else’s office to answer their phones, respond to emails, type letters and more. The only things you need to become a virtual assistant are a land line with a phone and fax machine, a scanner and a computer with a great Internet connection. Some people may want to hire you on as a permanent employee, but there are others who simply want to contract your services as a virtual assistant, and this provides you with the opportunity to retain your status as an independent contractor.

Freelance Writer

If you have ever dreamed about being a writer, you can consider becoming a freelance writer. A freelance writer is a professional writer who produces content at the request of a client, and the client typically retains rights to the work. If you dream about seeing your name in the byline of a well-known publication, you should consider a career in professional journalism. Freelance writing may not earn you any worldwide recognition for the pieces you write, but you can easily start writing for clients with only a computer and an Internet connection.

SEO Consultant

You may have heard about SEO in passing, but you may not know what it is. SEO refers to search engine optimization, and it is a strategy that is employed by businesses with Internet marketing efforts to boost search engine rankings. It sounds complicated, but it largely involves learning how search engine’s work to rank pages and writing content with targeted keywords placed in regular intervals within online text. Once the basic concept is mastered, it is actually rather easy to use. Because it sounds difficult to do, however, many companies will pay you for your SEO consultancy services. With just a little time and effort coupled with a computer, Internet access and a website for your new business, you can get started with your own SEO consultancy business.

These are only a few of the many ways that you can start earning a living with a start up business. Some start ups will require capital, but there are numerous business ideas that you can put into action quickly and that require little or no capital at all.

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Author Byline: Nora Phillips recently contributed to the Accountant Resource Guide to help other professionals in the accounting field.

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