TBL Episode 13: Why online service businesses are underrated
The Bottom Line by Evolved Finance
English - August 01, 2017 06:00 - 14 minutes - 13 MB - ★★★★★ - 10 ratingsEntrepreneurship Business finance businessstrategy evolvedfinance onlinebusiness smallbusinessaccounting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: TBL Episode 12: Reducing the financial risk of a launch based business
Because so many business coaches and gurus are teaching aspiring entrepreneurs how to create product based businesses, we feel less attention gets put on the benefits of starting and growing a service based business. Especially for people who have little or no business experience, creating a service instead of a product can be a great way to generate initial cash flow while learning the ropes of running a business. That’s why in this episode, we discuss the upside of a service based business as well as how it can turn into a product based business down the road.
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