Sunday, February 22, 2009

Start Your Own Business for 250 dollars-Part 1

Are you well-qualified but still without a job? Have you been laid off by your employer and are thinking of the way ahead? Do you want to start your own business with an idea that you have?How do you go about coping with various challenges associated with job layoffs and venturing to start on your own? Then why not start your own venture and put your long awaited dream into practice......Start Your Own Business

Today’s economy isn’t doing anyone any favors, and if you’re one of the unfortunate folks who have been laid off, you might be facing a long haul searching for another job. Is now the right time to put your long-lingering business idea into practice

Here are some tips to get you started with the minimum of budget (Assuming $250 as the budget) This is the I part of the series, watch out for more parts in the coming days.

1) Free Web Hosting (or even a Cheap Web Hosting):
When you start a new venture, one of the foremost need is a Domain.As we all know that you don't get a FREE Doman (you can get a free subdomains in the various free web hosts given below).So it will cost you around $10/year for a new domain name registration at GoDaddy
Then you can go in for any of the different available free web hosts out there in the market.Check out THIS to get a comparison of all the different offfers the different free web hosters provide.Do a thorough research of the different sites by searching and reading the user reviews.You need to have a good webhost able to withstand suddent high slurge of traffic if your site hits the Digg front page :)

2)Design your Site
If you have a knowledge of Website designing then you can cut costs, but if you have no previous experience of Web Design then you can get a Web Designer for a price.You can try many of the sites which provide good web designers or else try GetAFreeLancer.Here you will have the option to choose from a wide range of web coders and designers with varying prices.
Also, you may try LogoEase or LogoMaker to create free logos for your business or your site.Also there are many free banner designers on the web, just google for free banner makers and you will have a huge list of them.

3)Build an E-Commerce Site, Cheaply and Easily
If you plan to sell physical goods, you’ll need a service to handle e-commerce transactions, process credit cards, and provide security for both. Setting all of this up on your own server is an expensive, time-consuming task laden with security risks. It’s best to outsource the functions to a hosted service, which can be surprisingly affordable. Paypal allows you to sell stuff from your website and take the payment through their service. It has support for Indian bank accounts, so withdrawing money from it is quite easy. If you’re only selling digital goods, check out Oranjo as well. This free service lets you quicky set up a digital download system. It supports PayPal and Google Checkout.

4)Get an international Number
If you are planning to have your presence felt in other parts of the world, then it is recommended to have a local number in that country or some country near it.Skype lets you get a local number in twenty one countries. Callers in that country will call the local number, and you can answer the call with Skype on your computer.It costs $60 for one year for a single number. If you wish, you can also get the calls forwarded to your own cellphone, but that will cost more.

So, now you don't have to worry about starting your own business.This is the end of the part 1 of the series (the number of parts is not known even to me!! I just go on posting them)

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