Determining how much an online business should cost is nowadays treated as one of the most frequently asked but rarely answered questions. Even now, with millions of businesses opened every year, there is to-the-penny answer or magic formula for calculating the cost of an online business.
When your store is online, you can reach millions of customers instead of whoever happens to wander in – plus, you don’t have to pay for retail space. However, do not be fooled that selling online is free – there are still some costs which you can expect before you make your first sale.
If you’re planning to start something like Facebook or the next Google – you’ll definitely need a huge cash to jumpstart your business. In case a small online business with professional website of 15 pages, website and email hosting, a domain name, and a aesthetic quality level of around 7/10 is one horizon – the final cost will not scare you. However, there’s a pool of other resources that should be considered at the planning stage (human, educational, etc.). So, have a look at the infographic presented below to see the costs associated with starting an online business in 2015. The infographic made by Coppyblogger aims to provide new opportunities you or your business can take advantage of.
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