Online Business Ideas

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Are there any online businesses capable of generating enough revenue to make it worth the trouble? The answer is yes. Here are 3 business ideas that have proved to be the right ventures for many young entrepreneurs:

1. E-commerce
Business scope:  Presenting and selling various/niche products on an website
Necessary skills: attention to detail, organized person
Necessary equipment: PC, internet connection, phone, printer, website, initial stock of merchandise
Start-up costs: around 2.000 dollars (depending on what you are selling)

2. Internet Research Business
Business scope: Doing various online research for corporations and small companies
Necessary skills: internet savvy, attention to detail, ability to interpret and analyze data, curiosity
Necessary equipment: PC, internet connection, phone, printer (some business might need printed reports), company website
Start-up costs: 1.500 dollars

3. Virtual Assistant
Business scope: Providing administrative and business support to companies seeking to outsource part of their work
Necessary skills: attention to detail, ability to interpret and analyze data, costumer oriented, communication skills, multitask
Necessary equipment: PC, internet connection, phone, fax, printer, headset, company website
Start-up costs: 1.500 dollars

If you have any more ideas feel free to share them!