Open Collective
Open Collective
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How do I open a business online? There are several ways – to come up with and implement an online business model yourself, buy an online business franchise, and the third option is to choose an idea from existing ones and implement it. There are a lot of ideas on how to engage in entrepreneurship using only a laptop, phone and Internet in 2022. Including those that are suitable for people without business experience.

How to choose an idea for an online business

When choosing an idea, focus on several important factors:

  1. Required attachments
  2. Required level of knowledge and special skills
  3. Product demand
Starting a business that already requires capital investments of several million rubles at the start is risky if you don't have any experience. Online entrepreneurship, as a rule, due to its specifics, is cheaper than classic types of business, but this does not mean that you should not focus on your financial capabilities. The less you invest, the faster you will be able to recoup your investment, and the less risks there will be.

Sometimes, to implement an idea, you need special knowledge, or people who have this knowledge. If you can't provide either, then look for another idea.

Not everything that can be sold will be sold. When analyzing the idea of an online business, try to understand how much people need a product or service at all.

Who is an online business suitable for?

  1. Start-up entrepreneurs, as it allows you to start with minimal investment
  2. For businessmen with experience, as it allows you to supplement an existing business
  3. Students, as it allows them to work remotely
  4. Freelancers, as it allows you to increase the profit from what you already have skills in