If you’re interested in starting an online business, then the good news is that an online business requires much less risk as opposed to investing in a brick-and-mortar store or office space for that matter. Simply because your business is based online, you also have the potential to reach more customers from virtually anywhere in the world.

Another advantage of running an online business is that you don’t have the large overheads that brick and mortar businesses have to deal with. With a basic website and communication skills, and little know-how when it comes to maintenance, almost anyone can launch their own online business and get it up and running in a matter of a few days.

If you think you’re ready to become the next big entrepreneur online, there are a few business ideas that you get involved in. Some of these ventures can bring in a nice residual income and some of them can, in fact, create small fortunes.

Starting a Listicle blog is a great online business idea. It takes as little as one hour of your time a week and all you need is approximately $20 to get started. Over time, if successful it could make a considerable amount of cash. There are existing listicle blog sites out there that are funny, inspirational and emotional and bring in a significant income each month. Once the blog is up and running and consistently successful, you can even consider selling it for a handsome fee.

Building an app is another great idea. Simply because smartphones are everywhere and every person owns one these days, there is a constant demand for new and creative apps. Between the Apple iPhone and Google Android market, lots of apps are being released and used every single day. So getting onto that bandwagon now and developing and selling a smartphone app could prove to be a great online income. App creation costs almost nothing to develop and doesn’t involve shipping or storage costs. Perhaps all you need to do is invest in a coding course that will teach you how to create apps.

Creating an e-commerce store is another brilliant idea. There are various e-commerce solutions at the moment that are successful and it’s never been easier to start your own online store at such a low investment before. Thanks to innovations such as drop shipping, you don’t need to worry about stocking inventory and getting started is a simple as creating your own online e-commerce store.

So if you have some great online business ideas, don’t waste any time getting started. The sooner you start, the sooner you will begin earning an income.