A friend of mine is an online entrepreneur for a couple of years now. She buys and sells toys through Amazon. However, my friend says that especially at the start, it was not easy. Business online requires hardwork, determination and a lot of patience. Especially when conditions are volatile and it could be often. Business could be bleak at times and yet there are ocassions when the orders start popping like anything.
So what happens when there is a need to fulfill an order and the cash just isn't there? Well, she says you can always get an Amazon loan. Small loans can be provided to buy inventory or supplies or whatever it is you need to help the business going and growing.
Truth be told, it has been a standing problem for small business owners to get additional capital. Traditional banks sometimes can be stringent when you don't have the financial numbers to back you up. Let's face it, small businesses are just not on most banks' radar screens.
My friend has learned her lessons and well. She knows that with Amazon, she has round the clock financial access to keep the business running. She knows that she can count on the funds to be directly transferred to her account as the need arises. No long waiting times.
And so my friend is encouraging me to put up my own online business. She promises to help me get around the process. And I am seriously considering it.