Why You Should Create an Online Business Now, While You Wait for the “New Normal” June 15, 2020 In the past several months, we have all learned just how quickly things can change. In uncertain times like these we really have two choices. The first is to sit around and wait to see what happens. Unfortunately, this can lead to further issues down the road. The second option is to be proactive and use this time to create a fun, exciting, stable revenue stream via an online business to either replace or pad your current or future income. Now, you may already be in a financial pinch or coming close. If that is the case, you should start yesterday! Even for those who have been working all along or are comfortable at home still receiving paychecks, unemployment, or have significant savings should still consider an online business. The truth is online businesses are for everyone these days. It doesn’t matter your age, employment status, tech skills, or how much time or money you have. Anyone can start one and there are tremendous benefits for all. Ability to Work From (Almost) Anywhere If there’s an internet connection, you’re in business. You can plan your work around your life instead of the other way around. You can go and visit a friend across town, travel cross country, or – coronavirus willing – take a vacation to the other side of the world. Even if you run an online business as a “side gig”, it’s one less obstacle to making plans and it feels great to make money without being tied down. Minimal Financial Commitment to Start Most online endeavors can be started relatively inexpensively. It doesn’t matter if it’s a blog, e-commerce, or a personal coaching service. They cost hundreds (or less) as compared to more traditional businesses which tend to require tens of thousands of dollars or more. Creating Long-Term Financial Stability There is a popular saying in business that really hits the nail on the head: dig the well before you’re thirsty. An online business allows you to create a financial floor for yourself. Unlike other types of employment and other businesses, online businesses are often more secure in our current climate. They are also controlled by you which means you can’t be fired. Regardless how much you make from it, it ensures if all else fails you have some income instead of no income. Flexible Time Commitment & Easily Scalable An online business is great to do full time but, one of the main advantages is that most online businesses are flexible. You can put in as much or as little effort as you want depending on your needs and other obligations. Further, if you find your business really is a hit, it’s easy to scale quickly. Investing in Yourself As an employee, your work creates wealth for someone else. As a business owner, you are creating that wealth for yourself. As your online business grows and profits increase, so does your bank account. An online business can quickly become a vital component of creating truly sustainable wealth. It is becoming more and more clear the many benefits an online business can provide. Yet, you may be hesitant to start a business because you don’t know what you want to do and/or how to set it up or get started. The good news is you don’t have to resolve these difficult questions on your own. We at SBC are passionate about small business, and with the state of the world currently, we continue to value and recommend online businesses models even more. We can help you through everything; from brainstorming the right idea to registering the business to creating a business plan to setting up your website and managing your online marketing. We are able to tailor our services based on your budget and goals, to ensure you start off your new online business on the right foot. Check out or website for more information or contact us today to get started now. The future can’t wait! Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Math Captcha 5 + 5 = Post navigation Are You Losing Business Revenue or Lost Your Job? Don’t Panic! There Are Always Options10 Reasons You Need a Business Plan Now More Than Ever