This is a very good question as anyone who has any business experience will know , you start up a business and think that you have covered all the potential fixed costs and variable costs only to find that there were dozens of things that you had either forgotten or had no way of knowing about and these costs are eating into your bottom line profit.
Well its good news because there are so many free resources online you will find that your costs can be limited to
- Autoresponder- personally I use Aweber ,the cost is $19 per month.
- Yournetbiz monthly fee $59 per month.
- Printing costs such as cards or flyers £200
- Internet connection £15
I am presuming that you have a computer and a mobile phone, if not a good laptop can be bought from £350 . I use an i-phone and find that the camera is more than adequate for uploading quality pictures. You may need a video camera these can be bought from £60 but again the i-phone s video is adequate . In fact if you are intending starting any kind of online business the i-phone is an absolute boon and I would be lost without mine!
As you progress you may want to buy some website building software or video software . XSitepro website builder is popular and costs $197 ,this is a one off payment so quite reasonable value . For personalising videos Camtasia is popular and costs $299 its up to you . As far as online advertising cost go Google Adwords can be used and the costs for this will vary but I would encourage you to build your brand and your online prescence before using this method .
So as you can see no 'horror stories ' as far as ongoing costs are concerned for Yournetbiz . I was actually very pleasantly surprised to find this out myself as I didn't know what costs may come to light that I hadn't prepared myself for prior to joining . I hope this helps anyone considering Yournetbiz to make a better informed decision full in the knowledge that the business can be operated on a small budget.
In fact I can't think of any other business model where the income earning potential is so high from such a small initial and ongoing investment.
Contact me : simondawes7@googlemail.com
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