Posts Tagged ‘online business’
How much does it cost to start an online business?
Nowadays people tend to google jobs that can turn money fast. Internet seems the famous place to be for this fast money seekers. Many people says that E-Business is a cheap business. Is it true?
Okay let make one case study : A Grocery Store Vs. An Online Bookstore.
Cost of opening a A Grocery Store:
1) Registering for a Company : as low as RM80.00
2) Rent a shop houses / lot : as low as RM1000 per month
3) Startup Capital for fill up entire store with daily groceries : as low as RM10,000.
I list down only important cost occur, If we want to detail it then it might have utility cost such as cost for printing your paper work, bills (telephone, electricity, etc..) and labour cost. So overall cost for setting up a grocery store can go as low as RM10,000 to 15,000. A bigger store more likely more cost will involve.
Lets take a look at opening An Online Bookstore.
1) Registering for a domain name : as low as RM30.00
2) Getting a web hosting provider : as low as RM100
