is a great amount of reserve cash needed once you conduct an online business?
This is a discussion on Business online... within the General Business forums, part of the Business category; is a great amount of reserve cash needed once you conduct an online business?...
is a great amount of reserve cash needed once you conduct an online business?
Depends on the business and how much stock you intend to hold. If cash is an issue there are some businesses out there that offer a drop ship service, where your profit will be lower but you wont have to hold stock, hence needing less of a cash reserve.
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Depends on whether the business delivers softgoods or ships physical products. I have started three on-line businesses.
One is product I stock. $1000 to start up, online for 6 months
Second is product I stock. $2000 to start up, online for 9 years
Third is downloadable software. $200 to start up.
Hope that helps.
Hi Demtron, I appreciate your online business work...i think you are experience person in online business..It is great work you have.. keep it up..
[FONT=Arial]Hi Demtron! I am very much interested on that online business work.. Can you share it with us? So that we will have an idea and in that way you can help us by sharing that small thing.[/FONT]
[FONT=Arial]Thanks![/FONT]
Last edited by Ana Retired; 03-16-2009 at 02:36 PM.
Depends on what kind of business you're running... HINT: sell digital products!
I need some help can any one help me out ?
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thanks but i have a question that I want to be a business development manager so plz suggest me that what will have to do for it ??
Thanks
I dont think so. It depends on what kinds of business you are looking to start.