About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Online Researcher
Startup Costs: $2,000 - $10,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? Yes
Have your nose in the net all day? Monetize your research time.
Business Overview
If you find yourself spending a lot of time surfing the web, and if you’re looking to start your own business, consider an internet research service so you can get paid for the time you spend surfing. This business opportunity was once called information brokering, but, with the introduction of the internet, the name has changed. The business remains the same, however, as the information that was once researched and compiled from newspapers, trade magazines, and business and industry journals may now be found online. An internet research service operates in two ways. The first is to collect data and facts relevant to a specific topic or topics, and then sell the compiled data to individuals and businesses that require this information. Business owners also enlist the services of an internet researcher to source specific data and facts relevant to their particular business, industry, or market. In both cases, clients pay for information they are seeking. Billing rates for the services vary, depending on how much research time is required to compile the data; however, many internet research services have base billing rates of $25 to $35 per hour.
Needed Equipment
A computer with high-speed Internet access.
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