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More people than ever are looking for self-employment opportunities today due to job losses and job insecurity. Without a specific profession such as being an experienced accountant, attorney, or the like, self-employment options aren’t so obvious. However, options are nearly limitless from service-type businesses to selling products from a retail storefront, flea market, or the internet. The most difficult decisions involve what to do and, from there, how to do it to build a successful business. Starting a business can require considerable start-up costs that many cannot afford. For example, opening even a small retail store requires leasing a site, building it out to suit the theme and products sold, purchasing inventory, and obtaining the permits that enable the opening and operation of the store. It is also labor intensive requiring long hours each day and often seven days a week. Operation and employee costs are high both directly and indirectly with insurance costs and much more. Internet sales have exploded, making this a very viable alternative to retail storefront sales while opening the market to even international levels. Without the need for an expensive retail site, costs can be contained to offer better, more competitive pricing on products. It does have its obstacles in cost, however. Creating a professional, virtual storefront website requires considerable skill and is quite expensive when professionally done. Warehousing of inventory can become an issue as well as costs for shipping materials and labor. To be successful, one must be able to accept all credit cards, assuming additional costs and fees. Getting a website noticed with high search engine rankings is yet another obstacle that cannot be ignored. Popular website such as EBay have made it possible for many to successfully purchase wholesale products from the many sources on the internet and sell them at a profit. Though this may be a viable option, it has a number of drawbacks as well, including the need for warehousing of inventory and shipping. Getting your products noticed with the ability to sell them for a reasonable profit is also very difficult. There can be hundreds or thousands of other vendors selling the same or similar products with all of them undercutting the prices, making competition for sales both fierce and limited in profitability. Fortunately, there is another option. There are new business models for an online consignment store being offered on the internet that offer such services as warehousing and shipping of inventory, along with sales tracking. Professional websites are included to allow for individual marketing to the appropriate demographic segments. Search engine optimizing is provided to help get the business off the ground quickly and efficiently. Considering the costs of doing all of this alone, this model can provide the expertise needed as well as cost savings to a new business to help it become successful and offer quick returns on the investment. eBuyoutletmall is an online consignment store for small, medium, and large businesses. They are a one-stop shop for selling goods and services over the Internet which will be seen by millions of people. (http://www.ebuyoutletmall.com)
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