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Sep 22 2009

Discover the Myths About Wholesale Purchasing

What are the myths about wholesale purchasing that you should know about?  In this article, we’ve listed the four most common misconceptions that people have about buying wholesale products.  If you’re planning to start your own online retail shop or dropshipping business, knowing these facts should help you.

You should sell your products ONLY at Ebay.

It is a good idea to explore what eBay can do for you.  Opening an eBay is technically easier than launching a business website immediately.  However, just because eBay is a huge market doesn’t mean you should concentrate all your budget, time and effort in this one auction hosting site.  Don’t limit yourself to eBay.  Find other opportunities to get your brand out in the market and let more people know you. Continue Reading »

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May 05 2009

When the Business Costs You More Than You Earn

Venturing into a homebased business is a serious decision, one that requires careful planning and preparation.  Unfortunately, many aspirants quit  their day jobs and plunge into their home based business only to find that they’re actually not ready for the challenges.

To their dismay, some new business owners discovered that the costs in managing the business are even more expensive than what they earn.  Let’s take a look at the following sample situations:

Example 1:
An image consultant charges $50 per hour for her services.  But the costs on transportation expenses, taxes and daily living may prove to be way more that the $50 minimum earnings per day. Continue Reading »

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