What we are going to recommend here is a methodology for those who plan to establish their online business with a limited budget.
One of the most important factors for being successful in online business, or any business for that matter, is budget control regardless of how big or small your budget is.
First we need to define what the meaning of limited budget is. First, you need to believe in your heart that it is impossible to start and run an online business for free. Do not believe anybody who tells you otherwise.
The second rule is you need to budget at least $200 for marketing and administrative costs. To give you an idea of what these costs might be here are few examples:
1-Administrative Cost Items:
a.Internet Connection
b.Hosting Service for your website (If you have one)
c.Phone Bill.
d.Electricity
e.Credit Card Charges
f.Post and Courier (If applicable)
2-Marketing Costs (Depending on your general Strategy)
a.Software Programs
b.Traffic Generation Services
c.Offline Advertising
d.Pay Per Click
e.Leads
f.Autoresponder Service
g.Any other Paid advertising...
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