BUSINESS IDEAS THAT CAN BE DONE WITHOUT FOUNDING A COMPANY (3) - Types of online businesses

 If you are looking for a business idea that will allow you to become an online entrepreneur and completely automate your work, you should first learn about the types of online businesses. These are businesses that can be fully automated and started without money, which companies and individuals can start as well. Work does not require offices, factory halls, or workshops. You do not need expensive machines or equipment. You only need a computing device (computer, tablet, or smartphone) and an Internet connection. Once you have built your online business, you can work anywhere and anytime. These are undoubtedly the businesses of the future.

The online business form is not suitable for conducting all businesses online on the Internet. Completely online businesses are extremely favorable, but the opportunity and their number are limited. Businesses that have an entrepreneur who works exclusively online but who outsources to other companies to handle a portion of the business's workflow that cannot be resolved online are also considered online businesses. (For example, dropshipping has become increasingly popular recently, where the dropshipping entrepreneur works online, while the specialized commercial company, the dropshipping parent company, carries out the procurement, storage, and delivery of the product, and this is still a physical work activity and cannot be done online, even if it is a webshop company.). But affiliate activities are also similar, where the recommending company or individual works online, completely automating its work. In contrast, the company that is recommended may carry out physical business activities, either selling a physical product or service.) Taking the latter case into account, online businesses can be divided into the following:

• Services

• Product sales (digital - images, videos, music, logos, websites, templates... and physical products, the latter with dropshipping)

• Production of info products

• Education

• Consulting

• Subscription products

• Affiliate businesses

• Online media (newspaper, radio, TV, blog, video blog, website)

• Book writing, book publishing (e-book novel, story collection, technical book...)

• Other online businesses (here you will find most of the unconventional online businesses)

Types of online businesses


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