Starting a Small Business the Smart Way

[Lily]

Thinking about starting a small business? You usually have two options: source products or create your own. Sourcing products requires money and can rack up high start-up costs. Creating products demands skill, effort, and the willingness to work a lot for relatively small returns. Buying raw materials, manufacturing, and setting low prices to compete can narrow your profit margin. A smarter approach could be dropshipping or print-on-demand. Both don't require spending money upfront on sourcing or manufacturing. With dropshipping, you sell products from your store fulfilled by someone else. With print-on-demand, you make money selling product mockups.