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A bank is a place that will lend you money if you can prove that you don't need it.

Bob Hope

Money Matters | Funding Your E-Business

Getting started often means finding ways to raise some cash. There are many e-businesses that allow you to be up and running with little or no cost. All you need is a computer with internet connection. If you are passionate about a topic, have done your research, discovered a key word rich niche within that topic and are eager to get started but lack funds there are several legitimate ways to raise some cash. First however here is a list of the very basics things you need regardless to which of the 5 ways to making money online you decide to follow.

Item

Cost

 

 

Host

7.95

Domain Name

10.00 (yr)

Internet Connection

40.00 (mth)

FrontPage HTML Editor (E-bay)

100.00

Linking campaign

19.99 (mth)

Content

97.00 (mth)

Content submission software

167.00

Site maintainence & development software

185.00

 

 

Average Start-up cost =

626.94

Monthly cost =

67.94

Of course you can always borrow from family and friends. Circle Lending has a wonderful system that helps intimates to draw –up a legal contract when embarking on a borrowing agreement.

If you have an item that has a value over what you are need it can be used as collateral for a loan. Families and friends are often willing to co-sign small loans if they are sure loan will be re-paid as agreed; if they can benefit from their investment.

According to the quality of your health and the country in which you live there are clinical studies that pay for volunteer participation. Compensation ranges from as low as $50.00 to $10,000. Clinical studies range from I through IV Phases. A phase 1 clinical trial study has not been tested its side effects are not yet known.

Phase IV study has the lowest risk because the drug has already been tested, found to be relatively safe and is is already on the market. Of the two, compensation for Phase 1 studies are often higher. As with everything do your due diligence. Research the drug on the internet and talk to your family physician about your participation in clinical trial studies.

If you have a lot of friends and like social gatherings consider hosting your own event. It can have any theme. Many bars, night spots and entertainment type establishment will allow someone to use their space on a slow night if that person's guests will buy drinks and foods. To benefit you can charge a cover at the door or if it is a sport / entertainment event example a euchre competition, competing teams can pay an administration / registration fee. Gifts and prices can be sponsored by local businesses and individuals.

Use email technology to spread the word about your upcoming event, create hype, invite, post on forums, chat rooms, get some free pr in local papers, local radios shows, e-zines, newsletters, and free services example. Craigslist, meetup and other similar places. You also can earn your start-up cost doing online surveys. Again do due diligence and ensure that the offers are genuine and that there is a money back guarantee.

Use your credit card to leverage your business idea if you know that you can still maintain a good credit rating.

Money Matters: Have an Idea but need financing?

1.Fundraising

2. Credit Counseling / Money-Management

Designed by Josie Aberdeen. Developed by Loretta Manuel.