If you are interested in starting a new business, but do not know how and where to begin, then you must read on to know more about the simple ways to start a small online business and expand it in future. There are many ways to make money on the internet during your free time. Therefore, even if you are working as a full time employee, you can earn extra money by doing one or many of these part-time online businesses.
· Inbound call center: You can create an inbound call center, similar to a helpdesk but the one which is not in office. These are called as offshore call centers and you can start one at your home itself. All you have to do is to pick up the calls made by the employees who are facing technical problems and guide them through the process to resolve the issue. You can plough back the profits into the business and make sure to have many more call stations and employ more personnel to take care of the calling operations.
· Knowledge process outsourcing: If you are good in Office software and desktop publishing software and have an aptitude to do documents and presentations and designs, then you can start your very own online knowledge process outsourcing (KPO) business. You need to take care of all the documentation support requirements of the client organization and they will pay you according to the services. This is one highly creative and rewarding business career.
· Business process outsourcing: The business processes such as sales and marketing, market research, product research and development, webhosting and maintenance, designing and organizing brochures and other sales support documents, organizing company events in a large scale, etc are now outsourced to companies or individuals who have expertise in these fields. It is believed that they can handle this better than the employees inside the organization. You can start a small outsourcing organization and expand later to cater to multiple clients with utmost confidentiality.
· Transcription: If you good at deciphering and decoding the voice or manuscripts along with great typing skills, then you can get into the transcription services. The audio files of the doctors are typed into Word documents in case of medical transcription. Notes are taken from the meeting transcript. Moreover, even movies and advertisements require transcriptionist services to key in their text in a more formal manner to get approval from the censor board. So you can provide them with the typed content for their perusal.
· Trading: You have money to invest, but not very clear as to where to invest the money, then you can open a comprehensive trading account and start buying and selling many commodities such as shares and stocks of different companies that are players in the primary market. You can also trade forex, petro-based fuels and even precious metals, based on the amount you are willing to invest.