One advantage to starting an online business is the relatively low startup cost. Even entrepreneurs who do not have the funding to start a bricks-and-mortar business can usually make an Internet business work. The trick is to start with something that is manageable and grow it from there. For example, if you want to start an ecommerce site, the best online business to start will serve a very distinct niche, and will require very little physical inventory. One site that fits this example is JustMensRings.com, an online jewelry site that is easy to manage. Since the inventory is limited to rings, there is no need to rent a warehouse or additional workers to manage the orders.
If you are trying to find the best online business for you, start by identifying your own personal strengths, identify a need, and discover an online business model that is the best fit. Then, instead of starting from scratch, consult a Business for Sale by Owner (FSBO) directory and find a business that’s up for sale.