Quick Setup Home Based Business at Low Rish

Low Risk, Quick Setup Home Based Business

This post is about how to get a low risk, quick setup home based business.

One of the most common methods of starting an online business is to build something up from scratch.

You find a niche, do some research then build a site, add affiliate links and that’s the easy stuff.

Now comes the hard part. Hours and hours of SEO, tweaking your pages, finding suitable link partners, testing different advertising options etc etc.

When you start you generally spend most of your spare time doing it all yourself - to keep costs down.

Pay per click can bring good results but it takes quite a bit of work to build a series of campaigns which make good money. Lots of trial and error and usually a few dollars invested to learn how to make it all work well for your market.

Usually there is a good period of time - often a year, before a reasonable revenue stream is achieved.

Don’t get me wrong, my first site (this one) was built this way. It is very satisfying once the results start to kick in but in reality its not a model that gets you there quickly.

And guess what if you pick a niche that isn’t profitable you will do all that work for nothing.

So there is another way of building a decent income stream online which brings much more reliable results and get’s them almost instantly.

What I’m referring to is buying an existing site. Yes it would appear to be “expensive” as most premium sites sell for 3 -4 times net profit.

However the upside is that you are buying something with a track record for success. All the development work has been done.

You know what your profits will be, because the seller will disclose their profitabiltiy as part of the sale

You know where to market the site again because it will be disclosed.

What most people don’t realize is that these expensive sites are actually quite cheap once you take into account the value of your time which would go into developing a site from scratch and the time which goes into all the sites you might develop which turn out not to be profitable.

The websites I’m referring to in this article aren’t those for sale in forums. Those listed in forums are at the lower end of the scale. You certainly can pick up bargains there but you generally will get what you pay for.

The sorts of sites to look for are like those listed at Website Properties. You will see sites there which are listed from $50,000 to $1.5M and while the price is high so too is the quality of earnings.

If you do decide to look at this seriously, its also worth checking out The resource Center for Buying an Online Business which along with their book which is available for purchase also has some useful articles on the subject of buying an online business.